A contractor's license bond was forfeited due to a judgment. The contractor must file a new bond within how many days to avoid automatic license suspension?
Correct Answer
C) 90 days
Per B&P Code Section 7071.6, contractors have 90 days to file a new bond after forfeiture to prevent automatic license suspension.
Why This Is the Correct Answer
Per B&P Code Section 7071.6, contractors have 90 days to file a new bond after forfeiture to prevent automatic license suspension.
More ca-license-law Questions
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A contractor receives a project payment of $45,000 on January 15th. The contractor has 4 employees working on the project. If the contractor fails to carry workers' compensation insurance, what is the potential penalty per employee per day?
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