Business & LicensingQuestion 427 of 690
Compared to the standard $25,000 contractor license bond, the disciplinary bond under §7071.17 is set at:
a.$5,000
b.$10,000
c.$12,500
d.$15,000
Explanation
Under §7071.17, a contractor subject to a disciplinary order may be required to file a disciplinary bond of $15,000, which is in addition to the standard $25,000 contractor license bond required of all licensees.
Law Reference: Bus. & Prof. Code §7071.17Practice all 690 questions free — no signup required.
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