§ 11932. — 11932. (Enacted by Stats. 1967, Ch. 15.)

California § 11932.

• Jurisdiction: California
• Code FAC: Food and Agricultural Code - FAC
• Div. 6.: DIVISION 6. PEST CONTROL OPERATIONS
• Ch. 5.: CHAPTER 5. Aircraft Operation Regulation
• Art. 2.: ARTICLE 2. Financial Responsibility

Text

For the purposes of this article:
(a)
A judgment is satisfied when twenty-five thousand dollars ($25,000) has been credited upon any judgment in excess of that amount which arises out of any one accident or occurrence.
(b)
A deposit of bond or other obligation for the payment of which the full faith and credit of the United States or of this state is pledged is considered a deposit of money.

Legislative History

Enacted by Stats. 1967, Ch. 15.