This bond helps ensure that the claimant in the stop notice matter shall receive the proceeds from a judgement issued in any action that is brought the claim. The California Release of Stop Notice Bond amount is based on 1.5 times the amount of the stop notice. These bonds usually require 100% collateral in the form of cash or an irrevocable letter of credit issued by a bank. The bank must be approved by the surety. A copy of the stop notice will have to be provided. To determine the cost of this bond, complete our easy online application.
To Acquire a California Release of Stop Notice Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.