LIC 402 - Surety Bond
Form LIC 402 is used to obtain a surety bond for licensed facilities in California. The form is completed by the facility operator or licensee and includes information about the bonding company, coverage amount, effective dates, and other relevant details. By utilizing this form, facility operators fulfill the requirement of maintaining a surety bond as mandated by licensing regulations, providing financial protection and security in case of any violations or issues within the facility.