Code of Civil Procedure - CCP
PART 2. OF CIVIL ACTIONS [307 - 1062.34]
( Part 2 enacted 1872. ) TITLE 14. OF MISCELLANEOUS PROVISIONS [989 - 1062.34]
( Title 14 enacted 1872. ) CHAPTER 2. Bonds and Undertakings [995.010 - 996.560]
( Chapter 2 added by Stats. 1982, Ch. 998, Sec. 1. ) ARTICLE 14. Liability of Principal and Sureties [996.410 - 996.495]
( Article 14 added by Stats. 1982, Ch. 998, Sec. 1. ) 996.460.
(a) Notwithstanding Section 2845 of the Civil Code, a judgment of liability on a bond shall be in favor of the beneficiary and against the principal and sureties and shall obligate each of them jointly and severally.
(b) The judgment shall be in an amount determined by the court.
(c) A judgment that does not exhaust the full amount of the bond decreases the amount of the bond but does not discharge the bond. The liability on the bond may be enforced thereafter from time to time until the amount of the
bond is exhausted.
(d) The judgment may be enforced by the beneficiary directly against the sureties. Nothing in this section affects any right of subrogation of a surety against the principal or any right of a surety to compel the principal to satisfy the judgment.
(Added by Stats. 1982, Ch. 998, Sec. 1.)