California: Procedural change exempts additional Sellers of Travel from trust & surety bond requirements

Earlier this year, the California Attorney General’s Office introduced a Form 750 affidavit which effectively expands a trust/surety bond exemption for Sellers of Travel. The California Seller of Travel statute (Cal. Bus. & Prof. Code § 17550 et seq)comes with no accompanying adminstrative regulations and no public announcement was made when the procedure was introduced ten months ago. However, the Seller of Travel Program does provide information about the form to those who call its main telephone number. Due to the muted implementation of the procedure, many travel agencies and tour operators who are registered in California are unaware that the affidavit form exists and the benefits that can possibly be attained by submitting one. You can read more about it in this week’s blog – http://www.zimtravellaw.com/travel-blog

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