A Driver School Bond is a type of surety bond required in Wisconsin for those who have applied for, or been granted, approval to do business as a Driver School in accordance with Subchapter VI of Chapter 343 Wisconsin Statutes. This surety bond ensures that the owner complies with all the provisions of Chapter Trans 105 Wisconsin Administrative Code.
A Commercial Driver License Third Party Tester Bond is a type of surety bond required applied for approval to do business as a CDL Third Party Testing pursuant to Subchapter II of Chapter 343 Wisconsin Statutes. This surety bond guarantees reimbursement for retesting of drivers in cases where that the Commercial Driver License (CDL) Third Party Testing business or one or more of its examiners engages in fraudulent activities related testing of applicants for a CDL under the provisions of Chapter Trans. 104 and 115 Wisconsin Administrative Code; Subchapter II of Chapter 343 Wisconsin Statutes and 49 CFR Parts 383 and 384 Federal Motor Carrier Safety Regulations.
