California · Labor Code
LAB §1700.15: A talent agency shall also deposit with the Labor Commissioner, prior to the issuance or renewal of a license, a surety bond in the penal sum of fifty thousand dollars ($50,000).
What this law says, in plain English
Talent agencies must file a $50,000 surety bond with the Labor Commissioner before getting or renewing a license.
Read the full statutory text
A talent agency shall also deposit with the Labor Commissioner, prior to the issuance or renewal of a license, a surety bond in the penal sum of fifty thousand dollars ($50,000).
Verify at the official source: California legislative text
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