§ 1371.

MONUMENT BONDS

As a guarantee of good faith to furnish and install the required survey monuments and to pay the subdivider’s engineer or surveyor for said work, the subdivider shall furnish a corporate surety bond or other acceptable security deposit for an amount equal to 100 percent of the estimated cost of such work. Such work shall consist of satisfactorily furnishing and installing the said survey monuments and of accurately fixing exact survey points thereon.

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