企业组织与执照第 1456 / 1605 题

A key difference between the $25,000 contractor's license bond and the $15,000 disciplinary bond is that the disciplinary bond is required when?

a.For every new applicant
b.As a condition of reinstating or maintaining a license after disciplinary action
c.Only for LLCs
d.Only for engineering contractors

解析

Under B&P Code section 7071.8, the $15,000 disciplinary bond is imposed on licensees who have been disciplined, as a condition of reissuance, reinstatement, or continued licensure, and is separate from the standard $25,000 bond.

法律依据: B&P Code §7071.8

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