Those engaged in operating Private Proprietary Schools in Rhode Island are required by the Rhode Island Board of Governors for Higher Education to file a Rhode Island Proprietary School Bond as a condition of licensure.
Bonds Express offers a Rhode Island Proprietary School Bond with a 99% approval rate.
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 Rhode Island Proprietary School Bond holds you accountable for your business decisions.
By possessing a Rhode Island Proprietary School Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.