企业组织与执照第 1434 / 1605 题
Claims against the $25,000 contractor's license bond are generally handled how when total claims exceed the bond amount?
a.Largest claim first
b.Newest claim first
c.The contractor chooses
d.Certain priority claimants (like residential property owners) may have priority, with claims otherwise sharing the limited bond proceeds
解析
Under B&P Code section 7071.11, the bond's proceeds are limited to $25,000 total. The statute establishes priorities (for example, residential homeowners) and provides for proration among claimants when total claims exceed the bond amount.
法律依据: B&P Code §7071.11免费刷完整 1605 道题库 — 无需注册。
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