California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 2 - Policy Forms and Other Documents
Article 8 - Surety Bonds
Section 2270 - Consideration or Premium to be Stated
Universal Citation: 10 CA Code of Regs 2270
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
In conformity with Attorney General's Opinion No. NS-3736, it is hereby ordered that all surety bonds issued by insurers in the State of California on or after October 1 1941, comply with the following conditions:
(a) Such bonds shall state the entire consideration or premium paid therefor.
(b) Such statement of consideration, if not contained in the text of the bond, shall be attached thereto by endorsement or stamped thereon prior to delivery of said bond.
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