Those engaged in the operation of Beauty or Cosmetology Schools in the State of Hawaii are required by the State Board of Barbering and Cosmetology to execute a Hawaii Beauty School Bond to ensure compliance with licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Hawaii Beauty School Bond holds you accountable for your business decisions.
By possessing a Hawaii Beauty School Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.