Alabama Proprietary School Bond

AlabamaOn February 5th, 2009, a new bill was introduced concerning Alabama proprietary schools. The new law, named HB 428, requires proprietary schools to obtain a $20,000 surety bond conditioned on payment of all ruling surfacing from damages sustained to the school’s students who paid tuition and/or fees but did not receive the services for which they paid for. HB 428 was enacted on May 20th, 2009.