§ 858.4. Blanket Performance and Payment Bond Biennial Certification and Financial Reporting Re...
16 CA ADC § 858.4Barclays Official California Code of Regulations
16 CCR § 858.4
§ 858.4. Blanket Performance and Payment Bond Biennial Certification and Financial Reporting Requirements.
(1) A certification statement as specified in Section 858.2 of this Article, signed under penalty of perjury by the member of the personnel of record who is listed as the qualifier for the license in accordance with Section 7068 of the Code, shall be submitted biennially to the Registrar as specified under subsection (b).
(A) If it has been one calendar year or more since the Registrar's approval of the blanket bond, the licensee shall submit a copy of a review report and the accompanying financial statements covering the entire period that is subsequent to the approval, but not more than the two fiscal years immediately preceding the license renewal date.
(b) The due date for the qualifier's certification statement and any reports required under this section shall coincide with the license renewal period of the license for which blanket bond approval has been granted. For each subsequent renewal cycle, the certification statement and reports of financial statements shall be submitted to the Registrar no later than the date the license is due to expire.
Credits
Note: Authority cited: Section 7008, Business and Professions Code. Reference: Sections 7068, 7068.1 and 7159.5, Business and Professions Code.
History
1. New section filed 11-22-2011; operative 12-22-2011 (Register 2011, No. 47).
This database is current through 5/26/23 Register 2023, No. 21.
Cal. Admin. Code tit. 16, § 858.4, 16 CA ADC § 858.4
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