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§ 995.430.Events Terminating Force and Effect of Bond

Title 14. Of Miscellaneous Provisions · Chapter 2. Bonds and Undertakings · Article 4. Approval and Effect · Enacted 1982 · no amendments on record · Last verified July 28, 2026

In one sentenceSection 995.430 lists the earliest-triggering events that end a bond's force and effect: withdrawal, cancellation, or replacement by a new bond; satisfaction or abandonment of the bond's purpose without liability incurred; satisfaction of a judgment exhausting the bond amount; or expiration of its term, with a bond continuous absent a fixed statutory term.

Full Text of § 995.430

Text sizeJump to: (a) (b) (c) (d)

A bond remains in force and effect until the earliest of the following events:
(a) The sureties withdraw from or cancel the bond or a new bond is given in place of the original bond.
(b) The purpose for which the bond was given is satisfied or the purpose is abandoned without any liability having been incurred.
(c) A judgment of liability on the bond that exhausts the amount of the bond is satisfied.
(d) The term of the bond expires. Unless the statute providing for the bond prescribes a fixed term, the bond is continuous.

Plain-English Summary

A bond doesn't run forever by default, but it also doesn't have one single expiration trigger. Section 995.430 lists four events, and the bond's force and effect ends at whichever happens first: the sureties withdraw from or cancel the bond, or a new bond replaces the original; the purpose the bond was given for is either satisfied or abandoned without any liability having been incurred; a judgment of liability on the bond that exhausts the full bond amount gets satisfied; or the bond's term expires.

That last trigger comes with its own default rule. Unless the statute providing for the bond fixes a specific term, the bond is continuous — it doesn't lapse on its own with the passage of time, leaving one of the other three events to bring it to an end.

Frequently Asked Questions

What events can end a bond's force and effect?

Four: the sureties withdraw, cancel, or are replaced by a new bond; the bond's purpose is satisfied or abandoned without liability incurred; a judgment exhausting the bond amount is satisfied; or the bond's term expires.

Does a bond automatically expire after some fixed period?

Not unless the statute providing for the bond sets a fixed term. Otherwise the bond is continuous under § 995.430(d).

If more than one of these events could apply, which one controls?

Whichever happens first — the bond remains in force and effect only until the earliest of the listed events.

Amendment History

Added by Stats. 1982, Ch. 998, Sec. 1.

Source & verification. Section text is reproduced verbatim from the Deering's California Codes Annotated / vLex. Enacted by the California Legislature. Last verified July 28, 2026. · Official source
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