Georgia Nonpublic Postsecondary Educational Institution Bond

The surety bond is required by the State of Georgia for those businesses operating as Nonpublic Postsecondary Educational Institutions defined in the 'Nonpublic Postsecondary Educational Institutions Act of 1990," O.C.G.A. § 20-3-2.50.1, et. seq., and authorized by and in conformity with the provisions of the Act and all rules and regulations promulgated by the Nonpublic Postsecondary Education Commission. The surety bond may be used for the benefit of any person or governmental subdivision of the State of Georgia, or any student or enrollee or his or her parent or guardian suffering expense or damage due to the bonded principal's breach of the terms of the bond.