School Bond requirement in Kansas

Category: Uncategorized
Published: Sep 3, 2011
HB 2236: School Bond (Scholarship Program for Special Needs Children)

This bond is a school choice measure that has a scholarship program for special needs children. If schools would like to participate in this program, non-public schools would have to post a surety bond in an amount equal to the aggregate amount of the scholarships expected to be paid during the first school year. If the school does not want to post a surety bond a financial statement demonstrating the ability to pay such amounts would also be accepted.

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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.

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