California Legal Codes and Statutes

§ 1812.103

Amended by Stats. 1996, Ch. 633, Sec. 8. Effective January 1, 1997.

Every discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.

Cite this section

Cal. Civ. Code § 1812.103 (2026)
https://ca.codecond.com/codes/civ/division-3-obligations/part-4-obligations-arising-from-particular-transactions/title-2-6-contracts-for-discount-buying-services/section-1812.103

Other sections in Title 2.6 - CONTRACTS FOR DISCOUNT BUYING SERVICES

§ 1812.10§ 1812.100§ 1812.101§ 1812.103§ 1812.104§ 1812.105§ 1812.106§ 1812.107§ 1812.108§ 1812.109…§ 1812.119§ 1812.120§ 1812.121§ 1812.122§ 1812.123§ 1812.125§ 1812.126§ 1812.127§ 1812.128§ 1812.129

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 17, 2026.