A California B-General Building Contractor receives a disciplinary action from the CSLB. Under what circumstances would the contractor be required to post an additional disciplinary bond?
Correct Answer
B) If the contractor is cited for abandonment of a construction project or diversion of funds
Under California B&P Code Section 7071.11, contractors may be required to post a disciplinary bond when cited for specific violations including abandonment of construction projects or diversion of funds. This additional bond provides extra protection for consumers when contractors have demonstrated these particular types of misconduct that directly harm project completion or financial security.
Why This Is the Correct Answer
Under California B&P Code Section 7071.11, contractors may be required to post a disciplinary bond when cited for specific violations including abandonment of construction projects or diversion of funds. This additional bond provides extra protection for consumers when contractors have demonstrated these particular types of misconduct that directly harm project completion or financial security.
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