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Contractor's License Bond


Product Number: Various
Contractors License Bond. This product has multiple versions. Please select one using the Choose a Version box.

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Surety: Travelers

Credit Check Required
Application Required


G-63
THIS BOND SHALL BE FILED WITH THE REGISTRAR OF CONTRACTORS SURETY CODE _______________________________________
STATE OF CALIFORNIA
CONTRACTORS STATE LICENSE BOARD BOND NO. ___________________________________________
Contractor's Bond LICENSE NO. ________________________________________
OR
(BUSINESS AND PROFESSIONS CODE SECTIONS 7071.57071.11) APP. FEE NO. ________________________________________

The premium on this bond is _______________________ for the term _______________________ to ________________________.

KNOW ALL BY THESE PRESENTS: That ________________________________________________________________________,
BUSINESS NAME SHOWN ON APPLICATION OR LICENSE
whose address for service is ___________________________________________________________________________________
STREET ADDRESS CITY STATE ZIP CODE
as Principal, and ____________________________________________________________________________________________
NAME OF SURETY
a corporation organized under the laws of ________________________________________________________________________
and authorized to transact a general surety business in the State of California, as Surety, are held and rmly bound unto the State of
California, for the penal sum of ____________________________ Dollars ( ) for the payment of which well and truly to
be made we bind ourselves, our heirs, administrators, successors and assigns, jointly and severally, rmly by these presents.
WHEREAS, The provisions of Sections 7071.6 and 7071.8, Business and Professions Code, require that the Principal le or have
on le with the Registrar a bond issued by an admitted surety in the sum of $12,500 and this bond is executed and tendered in
accordance therewith.
NOW THEREFORE, The conditions of the foregoing obligation are that if the Principal shall comply with and be subject to the
provisions of Division 3, Chapter 9 (commencing with Section 7000) of the Business and Professions Code, then this obligation shall
be null and void; otherwise to remain in full force and effect.
PROVIDED HOWEVER, This bond is issued subject to the following express conditions:
1. This bond may be cancelled by the Surety in accordance with the provisions of Sections 996.310 et seq. of the Code of Civil Procedure.
2. This bond shall be deemed continuous in form and shall remain in full force and effect and shall run concurrently with the license
period for which license is granted and each and every succeeding license period or periods for which said Principal may be
licensed, after which liability hereunder shall cease except as to any liability or indebtedness therefore incurred or accrued hereunder.
3. The limitation of the liability of the surety and the conditions of the bond are as set forth in Sections 7071.5, 7071.6 and 7071.11,
Business and Professions Code and any person claiming against said bond may bring an action in a proper court on this bond for the
amount of the damage he may suffer as a result of such acts or omissions by the Principal except that such action must be brought
within two (2) years after the expiration of the license period during which the act or omission occurred, or within two (2) years of the
date of license of active licensee was inactivated, canceled or revoked, whichever occurs rst, except provided further that a claim
for fringe bene ts shall be brought within six (6) months after the date the fringe bene t delinquencies were discovered, and any civil
action thereon shall be led within two (2) years after the date the fringe bene t contributions were due.
4. This bond is executed by the Surety to comply with the provisions of Division 3, Chapter 9, (commencing with Section 7000) of the
Business and Professions Code and of Chapter 2, Title 14, Part 2 (commencing with Section 995.010) of the Code of Civil Procedure
and said bond shall be subject to all of the terms and provisions thereof.

5. This bond to become effective ________________________________________________________________________________ .
DATE
__________________________________________________ ______________________________________________________
NAME OF SURETY ADDRESS FOR SERVICE

I certify (or declare) under penalty of perjury under the laws of the State of California that I have executed the foregoing bond under an unrevoked
power of attorney.

Executed in __________________________________________ on __________________ , under the laws of the State of California.
CITY AND STATE DATE

Certi cate of Authority # _______________ Signature of Attorney-in-Fact _____________________________________________
6516

Printed or Typed Name of Attorney-in-Fact___________________________________

Address
ofAttorney-in-Fact______________________________________________
Telephone Number of Attorney-in-Fact ______________________________________

13B-1 (12/06)


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