Cal. Labor Code § 406 : California Labor Code — Employment Regulation And Supervision — Privileges And Perquisites — Bonds And Photographs — Property in form of note, loan, or investment

Current through the 2016 Legislative Session

Any property put up by an employee, or applicant as a part of the contract of employment, directly or indirectly, shall be deemed to be put up as a bond and is subject to the provisions of this article whether the property is put up on a note or as a loan or an investment and regardless of the wording of the agreement under which it is put up.