Cal. Code Regs. tit. 13, § 226.04 – Financial Security Requirements.

(a) An Interstate Carrier Program partner shall maintain a surety bond in the amount of $50,000 for the term of the Interstate Carrier Program permit and for the three years following its expiration.
(b) The Interstate Carrier Program partner shall notify the department's Interstate Carrier Program Administrator of a change in bond status no more than one business day after the effective date.

Note: Authority cited: Sections 1651 and 1685.1, Vehicle Code. Reference: Section 1685.1, Vehicle Code.

1. New section filed 5-30-2019; operative 7-1-2019 (Register 2019, No. 22).