A key difference between the $25,000 contractor's license bond and the disciplinary bond is that the disciplinary bond is required when?

Giải thích

Under B&P Code section 7071.8 the disciplinary bond is imposed on a licensee who has been disciplined, as a condition of reissuance, reinstatement or continued licensure (b). It is separate from, and on top of, the $25,000 license bond every licensee carries; since SB 607 took effect on January 1, 2023 the disciplinary bond is at least $25,000, capped at ten times the section 7071.6 bond, and the $15,000 still quoted in older material is the pre-2023 amount. (a) describes the license bond itself under section 7071.6, which every applicant files. (c) is the $100,000 LLC employee/worker bond of section 7071.6.5, which turns on entity type, not discipline. (d) is not a rule at all: classification has no bearing on the disciplinary bond, and the bond a public works prime must furnish is the payment bond of Civil Code §9550.