ENROLLED ACT No. 99 2015 Regular Session HOUSE BILL NO. 170 BY REPRESENTATIVE HOLLIS 1 AN ACT 2 To amend and reenact R.S. 40:1462(A), relative to private driving schools; to reduce the 3 required surety bond for such schools; and to provide for related matters. 4 Be it enacted by the Legislature of Louisiana: 5 Section 1. R.S. 40:1462(A) is hereby amended and reenacted to read as follows: 6 ยง1462. Bond requirement 7 A. Each private driving school shall execute a good and sufficient surety 8 bond with a surety company qualified to do business in Louisiana as surety, in the 9 sum of forty twenty thousand dollars, if such surety bond is available for purchase. 10 Such bond shall name the Department of Public Safety and Corrections, office of 11 motor vehicles, as obligee and shall be subject to the condition that, if the private 12 driving school or any of the private driving school's instructors fail to perform any 13 services the school agreed to provide to a student or a student's parent, that student, 14 or the parent in case the student is a minor, may recover the private driving school 15 fees from the bond by filing a claim through the department against the bond. If the 16 company fails to meet the conditions of the bond, the obligation of the surety shall 17 remain in full force and effect. A private driving school with multiple locations shall 18 furnish only a single forty thousand dollar surety bond. 19 * * * SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 1 of 1 CODING: Words in struck through type are deletions from existing law; words underscored are additions.