When the CSLB requires a disciplinary bond due to violations of the Contractors' License Law, what is the typical bond amount that may be imposed?
Correct Answer
B) Between $50,000 and $100,000 depending on the violation
Under B&P Code Section 7071.11, the CSLB may require disciplinary bonds ranging from $50,000 to $100,000 depending on the nature and severity of the violations. This additional bond provides enhanced consumer protection for contractors with disciplinary history.
Why This Is the Correct Answer
Under B&P Code Section 7071.11, the CSLB may require disciplinary bonds ranging from $50,000 to $100,000 depending on the nature and severity of the violations. This additional bond provides enhanced consumer protection for contractors with disciplinary history.
More law-business Questions
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