California · Probate Code

PROB §2325: The surety on the bond of a nonprofit charitable corporation described in Section 2104 shall be an admitted surety insurer.

What this law says, in plain English

A nonprofit charitable corporation's bond must be backed by an admitted surety insurer.

Read the full statutory text
The surety on the bond of a nonprofit charitable corporation described in Section 2104 shall be an admitted surety insurer.

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