Proprietary School Bond in Alabama

Category: Uncategorized
Published: Aug 28, 2010
Alabama has passed a new bill requiring proprietary schools to acquire a $20,000 surety bond. This school bond is to ensure the students will receive the instruction that they had paid tuition for. This bill was enacted on August 1, 2009.

To apply for this type of surety bond, visit our online application.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.