Cal. Code Regs. tit. 10, § 2270 – Consideration or Premium to Be Stated. | Midpage
§ 2270
Cal. Code Regs. tit. 10, § 2270
Consideration or Premium to Be Stated.
State of California
(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.
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: