Effective August 1, 2014, private driver training providers in Louisiana must post a $40,000 surety bond to legally work within the state. Senate Bill 476, proposed by Senator Gary Smith, states the following:
Ҥ1462. Bond requirement
A. Each private driving school shall execute a good and sufficient surety bond with a surety company qualified to do business in Louisiana as surety, in the sum of forty thousand dollars, if such surety bond is available for purchase. Such bond shall name the Department of Public Safety and Corrections, office of motor vehicles, as obligee and shall be subject to the condition that, if the private driving school or any of the private driving school’s instructors fails to perform any services the school agreed to provide to a student or a student’s parent, that student, or the parent in case the student is a minor, may recover the private driving school fees from the bond by filing a claim through the department against the bond. If the company fails to meet the conditions of the bond, the obligation of the surety shall remain in full force and effect. A private driving school with multiple locations shall furnish only a single forty thousand dollar surety bond.
B. The surety bond furnished as required in this Section shall be delivered to and filed with the office of motor vehicles.”
Private driving school professionals must file the bond document and any licensing materials with the Louisiana Office of Motor Vehicles at the following address:
Louisiana Office of Motor Vehicles Private Driving School Surety Bond 7979 Independence Blvd. Baton Rouge, LA 70806
Professionals interested in establishing a privately owned driving school can access more information from the Louisiana Office of Motor Vehicles here. Existing certified driver training school professionals can access more information here.
Although the state has not yet released a surety bond form for this requirement, the experts at SuretyBonds.com are working hard to stay up-to-date on all new information so that you can get the Louisiana surety bond you need quickly, easily and accurately. For more information, or to purchase a surety bond in Louisiana or any other state, give us a call at 1 (800) 308-4358 Monday through Friday between 7 a.m. and 7 p.m. CST. Or, fill out our quick online contact form 24/7.