A. To obtain a license to operate a school, an application, certified as true and correct, shall be filed with the Board upon forms prepared and furnished by it setting forth information deemed necessary by the Board.
B. Each school shall submit and maintain a guaranty instrument payable to the Commonwealth of Virginia and conditioned to protect the contractual rights of students and other contracting parties. The amount of such bond shall be established in the Board's regulations. The minimum guaranty instrument for any school shall be $1,000. The word "students" as used in this subsection means all enrolled students.
Code 1950, § 22-330.22; 1970, c. 665; 1977, c. 444; 1980, c. 559; 1988, c. 574; 1993, c. 351; 2004, c. 991.
Structure Code of Virginia
Chapter 16 - Schools for Students with Disabilities
§ 22.1-321.1. Possession and administration of epinephrine
§ 22.1-322. Advisory committees
§ 22.1-323. Licenses generally
§ 22.1-323.1. Provisional and conditional licenses
§ 22.1-323.2. Licensure of services delivered in group homes and residential facilities for children
§ 22.1-324. Application for license; information required; student guaranty provisions
§ 22.1-325. Application to contain certain commitments
§ 22.1-326. License restricted to specific disability categories; supplementary application
§ 22.1-328. Renewal of licenses
§ 22.1-330. Same; investigation; time within which to correct unsatisfactory conditions