For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

§ 5.28.2530 — Alternative bonding and security

Sacramento City Code (current through Supplement No. 4, July 2026, and Ord. 2026-0022) · Sacramento City Code § 5.28.2530

Corpus is an independent public-information project, not the official City of Sacramento website. Stable reference URL

5.28.2530 Alternative bonding and security.

In lieu of a performance bond in the amounts required by the provisions of Section 5.28.2520 of this chapter, a licensee may elect and provide a performance bond otherwise comporting with the requirements of Section 5.28.2520 of this chapter in the amount of two million five hundred thousand dollars ($2,500,000.00) for the entire period of the term of a license. Upon the proper posting of such alternative bond, the commission shall return performance bonds previously provided for such license or licenses pursuant to the provisions of this chapter. (Prior code § 20.17.1601)