California § 10167.7. 10167.7. (Amended by Stats. 2000, Ch. 473, Sec. 4.)

California Statutes

§ 10167.7. — 10167.7. (Amended by Stats. 2000, Ch. 473, Sec. 4.)

California § 10167.7.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 4.DIVISION 4. REAL ESTATE

Part 1.PART 1. LICENSING OF PERSONS

Ch. 3.CHAPTER 3. Real Estate Regulations

Art. 2.3.ARTICLE 2.3. Prepaid Rental Listing Service

This text of California § 10167.7. (10167.7. (Amended by Stats. 2000, Ch. 473, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 10167.7. (2026).

Text

Except as provided in Section 10167.8, each licensee shall provide to the department, and at all times maintain in force, a bond in the amount of ten thousand dollars ($10,000) for each location. The bond may be in the form of a corporate surety bond, or a cash deposit. A cash deposit may be deposited by the licensee in an interest-bearing account assigned to the commissioner, with interest earned thereon payable to the licensee. The bond or cash deposit may be utilized by the commissioner for the benefit of any unsatisfied judgment creditor in an action pursuant
				to subdivision (e) of Section 10167.10.

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Except as provided in Section 10167.8, each licensee shall provide to the department, and at all times maintain in force, a bond in the amount of ten thousand dollars ($10,000) for each location. The bond may be in the form of a corporate surety bond, or a cash deposit. A cash deposit may be deposited by the licensee in an interest-bearing account assigned to the commissioner, with interest earned thereon payable to the licensee. The bond or cash deposit may be utilized by the commissioner for the benefit of any unsatisfied judgment creditor in an action pursuant
to subdivision (e) of Section 10167.10.