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Private School And Private Occupational School Bonds

Concerning procedures when certain private schools cease operations.
2018 Regular Session
Education & School Finance (Pre & K-12)
Bill Summary

Private schools - private occupational schools - surety bonds. The act allows the department of higher education to make a claim on a private occupational school's or private degree-granting school's surety bond for reimbursement of its actual administrative costs associated with the school's closure. After the surety bond has been used to facilitate student transfer or provide tuition and fee reimbursement, the department may retain any remaining amount as reimbursement for administrative costs associated with the school closure. In the instance of a closed private occupational school, the act allows the division of private occupational schools to maintain a closed school's records at any location.
(Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    05/03/2018 Signed Act PDF
    04/26/2018 Final Act PDF
    04/19/2018 Rerevised PDF
    04/18/2018 Revised PDF
    03/15/2018 Reengrossed PDF
    03/14/2018 Engrossed PDF
    02/21/2018 Introduced PDF

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details