Stop Payment Notice Release Bond

A California private-work bond form used to obtain the release of funds withheld under a Stop Payment Notice. Prepared with reference to California Civil Code § 8510, the form documents the principal, admitted surety insurer, claimant, property owner, construction lender, project information, claim amount, and required penal sum equal to 125% of the claim.

The form includes bond conditions addressing payment of amounts recovered by the claimant, release of withheld funds, surety obligations, and applicable statutory requirements. It also provides general provisions and signature sections for the principal and the surety’s authorized attorney-in-fact.

Important Notice:

This form is intended for California private works and must be completed accurately and issued by an admitted surety insurer. A current Power of Attorney establishing the attorney-in-fact’s authority should be attached. Users are responsible for confirming that the form satisfies all applicable legal and project requirements.