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The Surety Bond Blog

Category Archives: School Bonds

Articles and legislative updates on surety bonds required of various types of schools.

07
Mar
2012

Georgia Driver Training Schools Need Bigger Bonds

Driver training schools in Georgia already need a surety bond to become licensed; now they need a bigger bond thanks to a new bill. The new bill is named HB 269 and quadruples the bond required of driver training schools to $10,000. The bond is meant to guarantee the school’s compliance with State laws.




09
Jan
2012

Mississippi Proprietary School Bond Update

Mississippi legislators have enacted a new bill that concerns proprietary schools within the state. The new bill is named SB 2771 and modifies the surety bond requirements for proprietary schools which previously called for a $50,000 bond. SB 2771 now allows the Commission on Proprietary School and College Registration to establish the size of the read more »




11
Oct
2011

New Hampshire School Bond

Postsecondary schools in New Hampshire are affected by a new law that was enacted this past June. The new law is named HB 2 and requires a private postsecondary career school to obtain a surety bond to guarantee the fulfillment of their obligations relating to contracts for tuition and other fees between the school and read more »




14
Sep
2011

Idaho Proprietary School Bond

Idaho legislation has changed concerning proprietary schools. The previous law required these schools to acquire a surety bond that could be no less than the total tuition and fees that the school collected from its students during the upcoming registration year. The new law is titled HB 204 and allows the State Board of Education read more »




02
Aug
2011

Idaho Proprietary School Bond Revision

Proprietary schools will be affected by changes to current law in the state of Idaho. The Idaho Board of Education implemented temporary rules to revise the present regulations for proprietary schools. The changes apply SB 1012 (2009), which removed the surety bond requirement for individual proprietary school agents and in its place required the school read more »




14
Jun
2011

Georgia Driver Training School Bond Update

Legislators in the State of Georgia have implemented a new surety bond bill concerning driver training schools. The new bill, which is titled HB 269, raises the current surety bond required of driver training schools from $2,500 to $10,000 in order for them to stay legal with the state. The higher bond amount provides four read more »