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Why is a Hawaii Private Trade School Bond Required?
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.
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