Kinh doanh & Cấp phépCâu 1363 / 1632

After a contractor's license has been disciplined, the CSLB may require a disciplinary bond as a condition of reinstatement. What is the MINIMUM amount of that bond?

a.$15,000
b.$25,000
c.$12,500
d.$7,500

Giải thích

Since SB 607 took effect on January 1, 2023, B&P Code section 7071.8 sets the disciplinary bond at not less than $25,000 (b), and not more than ten times the section 7071.6 license bond. The Registrar fixes the actual figure case by case above that floor. (a) $15,000 is the pre-2023 amount and is the answer a candidate studying an older manual gives. (c) $12,500 was the pre-2023 bond of qualifying individual, also raised to $25,000 by SB 607, and (d) $7,500 is not a CSLB bond figure at all.

Trích dẫn luật: B&P Code §7071.8

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