Organización y LicenciasPregunta 1401 de 1605

Who must be named on the contractor's license bond as the principal?

a.The licensee (contractor)
b.The customer
c.The surety company only
d.The CSLB Registrar

Explicación

Under B&P Code section 7071.6, the licensee is the principal on the bond, the surety company is the guarantor, and the public is the beneficiary. The bond runs to the benefit of those harmed by the contractor's violations.

Referencia Legal: B&P Code §7071.6

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Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
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