CSLB Contractor's Law & Business Practice Exam

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Prepare for the CSLB Contractor's Law and Business Exam. Use flashcards and multiple choice questions, each with hints and explanations. Enhance your exam readiness!

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How long does an applicant have to file a license bond after receiving notice from the Contractors' State License Board?

30 days
60 days
90 days
120 days

The correct answer is: 60 days

An applicant is required to file a license bond within 60 days after receiving notice from the Contractors' State License Board. This timeline is crucial as it ensures that the applicant takes timely action to meet the bonding requirement necessary for their contractor's license approval. The bond serves as a financial guarantee that the contractor will adhere to licensing laws and regulations, thus protecting consumers from potential misconduct. The 60-day period is designed to balance prompt compliance with the need for applicants to arrange their bonding in a reasonable timeframe.