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Minnesota Private School Bond

What is a Minnesota Private School Bond?

A Private School Bond is a type of surety bond required by the Minnesota Office of Higher Education for those operating a private school under the provisions of Minnesota Statutes, Chapter 136A.822. The surety bond ensure that the private school properly performs all contracts and agreements with students and pays to the State of Minnesota and anyone harmed financially with cause or action for a breach of contracts or agreements pertaining to the operation of the school.

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