Cal. FAC § 11932
This is the official text of Cal. FAC § 11932, part of California’s Food and Agricultural Code — regulates farming, food safety, and agricultural commerce.
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Official statutory text
For the purposes of this article:
(a) A judgment is satisfied when twenty-five thousand dollars ($25,000) has been credited upon any judgment in excess of that amount which arises out of any one accident or occurrence.
(b) A deposit of bond or other obligation for the payment of which the full faith and credit of the United States or of this state is pledged is considered a deposit of money.
(a) A judgment is satisfied when twenty-five thousand dollars ($25,000) has been credited upon any judgment in excess of that amount which arises out of any one accident or occurrence.
(b) A deposit of bond or other obligation for the payment of which the full faith and credit of the United States or of this state is pledged is considered a deposit of money.
Status: in_force · Read it on the official government site
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