When is a Bond of Qualifying Individual (BQI) required, separate from the standard $25,000 Contractor License Bond?
Explanation
B&P §7071.9 requires a separate $25,000 bond of qualifying individual whenever the RMO or RME is not a bona fide owner of at least 10 percent of the licensed entity, because a qualifier with no real stake has less at risk if supervision lapses, and the bond gives the public a second source of recovery. Headcount is irrelevant to §7071.9. Holding more than one classification changes the scope of work, not the bonding. And self-insuring workers' compensation is a separate Labor Code §3700 process with its own security requirements.
Law Reference: Bus. & Prof. Code §7071.9This topic, taught in full in the CSLB Law & Business guide. CSLB Law & Business — Complete Study Guide (2026) — PDF + EPUB, $24.99 · 14-day refund →
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