The California LLC employee worker bond is required for LLC contractors in California. If you own and operate a LLC (Limited liability corporation), then the state licensing board (CSLB) requires you to obtain a $100,000 bond to protect your employees in case they do not receive proper compensation at work.
Please note this page is for car dealer licensing. If you're trying to register a vehicle with a missing title, a separate Lost Title Bond is required.
Required By: California Contractor State Licensing Board (CSLB)
Bond Amount: $100,000
An LLC employee worker bond is required for all contractors operating an LLC contracting business within the state of California. It exists to protect the employees of LLCs in case they are not compensated fairly.
The bond amount is determined by the CSLB based on previous risk standards set by California LLC contractors. The bond amount is the largest possible amount that could be paid out in the event of a claim.