Added by Stats. 1982, Ch. 998, Sec. 1.
(a)“Bond” includes both of the following:
(1)A surety, indemnity, fiduciary, or like bond executed by both the principal and sureties.
(2)A surety, indemnity, fiduciary, or like undertaking executed by the sureties alone.
(b)A bond provided for or given “in an action or proceeding” does not include a bond provided for, or given as, a condition of a license or permit.
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