As of January 1, driver training schools will see a $7,500 increase on their Georgia Surety Bond requirement. The new law applies to all driver training schools, even those certified before January 1, 2012.
The Georgia General Assembly amended the surety bond legislation in July 2011 with House Bill 269, increasing the surety bond requirement from $2,500 to $10,000 for driving training programs. At the time of passage, 300 driving schools were operating and certified in Georgia. The surety bond is set for each driving school location, requiring a business with three locations to have three separate bonds.
Georgia’s Department of Drivers Safety created an ad campaign to notify businesses of the changes, however, these “beginning of the year” changes sneak up on companies. The DDS can pull/deny certification causing a disruption of services if driver eaching companies fail to comply.
To find out if your business complies with Georgia surety bond requirements contact DDS by phone at 678.413.8745 or by email at [email protected]. You may also contact Jurisco for your surety bond needs.