Section 1802.5 Of Chapter 7. Bail Licenses From California Insurance Code >> Division 1. >> Part 2. >> Chapter 7.
1802.5
. A bail permittee's license, by its terms, permits the
licensee to solicit, negotiate, issue, and deliver bail bonds. The
license shall not be issued unless and until there is filed with the
commissioner
a bond having an admitted surety insurer as surety thereon in the
penal sum of five thousand dollars ($5,000), conditioned upon the
proper application and disposal of all moneys collected or received
by the bail permittee, his or her solicitors licensed pursuant to his
or her appointment, and his or her employees, in favor of the people
of the State of California.