Driving School Bonds
What is a Driving School Bond?
Driving schools and testers must post surety bonds in order to legally conduct business in the state. The bond ensures the business operates in accordance with rules, regulations, and statutes prescribed by the governing authority. Driving School Bonds protect third parties from unethical business practices. In some cases, the state requires that the surety bond also guarantee customers' tuition return in the event that the school is suddenly closed.
Are Driving School Bonds Called Anything Else?
Yes, Driving School Bonds sometimes go by different names in different places. Here are some other names you may see used:
- Arizona - Defensive Driving School Bond
- California - Driving School or All Terrain Vehicle Safety Training Organization Bond
- Colorado - Driver Training School Bond
- Florida - Driver License Testing Bond
- Georgia - Driver Training School Bond
- Illinois - Driver Testing or Training School Bond
- Louisiana - Private Driving School Bond
- Maine - Driver Education School Bond
- Maryland - Driver Education Program Bond
- Michigan - Driver Education Provider Bond
- Minnesota - Driver Training School or Licensing Agent Bond
- Nebraska - CDL Third Party Tester Bond
- North Carolina - Driver Training School or License Tester Bond
- Pennsylvania - Drivers License Testing Bond
- South Carolina - Commercial Driver Training School Surety Bond
- Texas - Driver Education School or CDL Tester Bond
- Utah - Driving School or CDL Third Party Tester Bond
- Virginia - Driver Training School or Third Party Tester Bond
- Wisconsin - Driver School or CDL Third Party Tester Bond