Surety Bond Health Studio {SFSB-910}

SFSB-910, SURETY BOND HEALTH STUDIO (Civil Code Section 1812.80 et seq.), the provisions of Section 1812.80 et seq., of the Civil Code, require that the Principal file or have on file with the Secretary of State a copy of a bond prior to drawing on funds held in trust and permit drawing on, transferring, or encumbering funds held in trust to the extent that the amount is offset by a bond of equal or greater amount, and this bond is executed and tendered in accordance therewith. The conditions of the foregoing obligations are that if the Principal complies with the provisions of Title 2.5 (commencing with Section 1812.80), Part 4 of Division 3 of the Civil Code of the State of California, and pays all sums due any individual or group of individuals when such Principal or its representative or agent has received such sums, and pays all damages occasioned to any person by unlawful acts or omissions of the Principal mentioned above, or of its agents or employees while acting within the scope of their employment, then this obligation is to be void; otherwise it is to remain in full force and effect. www.FormsWorkflow.com