If you are engaged in a business which provides clients with the ability to purchase goods or services at discounted prices, the California Department of Justice requires the execution of a California Discount Buying Organization Bond to ensure compliance with Title 2, Chapter 6, section 1812 of the California Civil Code.
Bonds Express offers a California Discount Buying Organization Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Discount Buying Organization Bond holds you accountable for your business decisions.
By possessing a California Discount Buying Organization Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.