If you are engaged a representative for a private school in Massachusetts you are required under chapter 75D, 75C or 93 of the General Laws of Massachusetts to file a Massachusetts Private Occupational School Representatives Blanket Bond as a condition of 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 Massachusetts Private Occupational School Representatives Blanket Bond holds you accountable for your business decisions.
By possessing a Massachusetts Private Occupational School Representatives Blanket Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.