The California Legal Document Assistant Bond ( LDA Bond or Paralegal Bond ) is required by the State of California. Per the state requirements, the Principal is required to comply with the provisions of Division 3 Chapter 5.5, of the California Business & Professions Code.
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A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Legal Document Assistant Bond holds you accountable for your business decisions.
By possessing a California Legal Document Assistant Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.