§ 13300. Amount of Bond to be Deposited with Labor Commissioner.  


Latest version.
  • The bond to be deposited with the Labor Commissioner pursuant to the provisions of Labor Code Section 270.5(a)(2) shall be in an amount equal to the highest contemplated payroll of the employer for any period for which a single payment of wages is made, or for four calendar weeks, whichever is the longer.
HISTORY
1. New Article 1 (Sections 13300 through 13302) filed 4-14-58; effective thirtieth day thereafter (Register 58, No. 7).
2. Change without regulatory effect of NOTE (Register 86, No. 26).
3. Change without regulatory effect pursuant to Section 100, Title 1, California Code of Regulations filed 8-18-88 (Register 88, No. 35).

Note

Note: Authority cited: Sections 55 and 95, Labor Code. Reference: Section 270.5, Labor Code.