California · Code of Civil Procedure - CCP
CCP §995.230: The beneficiary of a bond given in an action or proceeding may in writing consent to the bond in an amount less than the amount required by statute or may waive the bond.
What this law says, in plain English
A bond beneficiary may consent in writing to accept a lower bond amount than required by law or waive the bond entirely.
Read the full statutory text
The beneficiary of a bond given in an action or proceeding may in writing consent to the bond in an amount less than the amount required by statute or may waive the bond.
Verify at the official source: California legislative text
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