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Form a Business

Performance Security Required.

Los Angeles Administrative Code § 4.288
in effect
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Sec. 4.288. Performance Security Required. (a) Performance security shall be required for: The City Controller in the amount of $500,000.00; The Director of Finance in the amount of $500,000.00; The City Treasurer in the amount of $500,000.00; and The Purchasing Agent in the amount of $500,000.00. (b) No performance security shall be required of the Mayor or members of the Council. SECTION HISTORY Based on Ord. No. 68,253. Amended by: Ord. No. 88,135; Title and section, Ord. No. 166,858, Eff. 5-6-91; Ord. No. 173,303, Eff. 6-30-00, Oper. 7-1-00.
Source: City of Los Angeles, Charter and Codes (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/los_angeles/latest/laac/0-0-0-12563Fetched: 10/24/2026

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4.288 | Corpus