Private Trade, Vocational or Technical School Bonds
Hawaii Private Trade, Vocational or Technical School Bond Information
A Private Trade, Vocational or Technical School Bond is a type of surety bond required by the Hawaii Department of Education, Community Education Center. The surety bond is mandated for those applying to obtain, or to renew, a license or licenses to operate a private trade, vocational or technical school under and pursuant to Sections 302A-101, 302A-424 to 302A-428, Hawaii Revised Statutes, and to the provisions of Chapter 101, Title 8, Hawaii Administrative Rules.
How Much Does a Private Trade School Bond Cost in Hawaii?
Bonds up to $50,000
Multi-Year Options May be Available
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What Does a Private Trade School Bond Protect Against?
Private Trade, Vocational or Technical School Bonds protect any person suffering loss or damage as a result of failure of the bonded principal to fully and faithfully comply with state statutes or rules, or due to failure of the bonded principal to fully and faithfully provide instruction and training as represented by statutes or rules. Anyone suffering financial damages may seek collection on this bond for the recovery of any loss or damage and for the proportionate recovery of tuition, fees and other charges paid in advance.