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HomeFinancial CodeDiv. 3Ch. 3§ 12212 Bond Action Time Limit

§ 12212 Bond Action Time Limit

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12212 Bond Action Time Limit

You must file a lawsuit on the bond within two years of when the problem happened, or you lose the right to sue.

Key Takeaways

  • •You have exactly two years from the date of the act or default to start a lawsuit on the bond.
  • •If you wait longer than two years, the court will dismiss the case.
  • •The deadline applies to any person trying to enforce the bond.

Example

A homeowner discovers that a contractor didn't finish a renovation project two years after the work was supposed to be done.

Because the issue occurred two years ago, the homeowner cannot bring a lawsuit on the contractor's bond now; the time to sue has run out.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 12212 Bond Action Time Limit

No action may be brought on the bond by any person after the expiration of two years from the time when the act or default complained of occurred. (Enacted by Stats. 1951, Ch. 364.)

Last verified: January 10, 2026

Key Terms

bondact or defaulttwo years

Related Statutes

  • § 12207 Bond Approval Requirements
  • § 12208 Bond Compliance And Payment
  • § 12209 Bond Duration And Cancellation
  • § 12213 Licensee Bond Replacement Rules
  • § 12216 Applicant Background And Business Plan

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 12212.
View Official Source