South Carolina — Commercial Driver Training School Bond
The South Carolina Department of Motor Vehicles requires applicants for a commercial driver training school license to maintain a surety bond. This financial security instrument ensures that the school complies with state regulations and protects students from financial harm resulting from fraudulent activities or violations of law.
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- Recorded state
- South Carolina
- Category
- Schools & education
What this bond does
The bond serves to indemnify students or their legal representatives who suffer actual losses due to fraud, fraudulent representation, or other violations committed by the driver training school, its instructors, or its representatives. It is required under S.C. Code Ann. 56-23-40 to support the issuance of the school's operating license.
- Who needs it
- Applicants seeking a commercial driver training school license in South Carolina and existing school owners managing annual license renewals or ownership updates.
- Who it protects
- The bond provides coverage up to a penal amount of $10,000. Liability is restricted to the lesser of this $10,000 maximum or the amount of the actual loss incurred by an aggrieved student. Injured parties are not required to secure a court judgment against the school before filing a claim against the surety.
Your bond option
This is the option on record for this bond.
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The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- South Carolina DMV Commercial Driver Training School Surety Bond Form (opens in a new tab)Checked October 18, 2026
Have these ready
- Verify that your school meets all requirements under Title 56 of the South Carolina Code of Laws.
- Obtain the official Commercial Driver Training School Surety Bond form prescribed by the Department of Motor Vehicles.
- Ensure your authorized surety agent completes the form with the accurate bond number and effective date.
- Coordinate with the surety to sign the document alongside the school's owner, partner, or corporate officer.
- Submit the original bond and required Power of Attorney to the Department of Motor Vehicles before applying for your license.
Questions about this bond
What is the penal amount of this bond?
The bond is issued in the amount of $10,000, which serves as the maximum aggregate liability for any and all claims.
Do I need to renew this bond annually?
The bond is designed to continue indefinitely from license year to license year, contingent upon the timely payment of the required premiums.
Can a student sue my school directly?
The bond allows aggrieved parties to make a claim directly against the surety without first obtaining a court judgment against the school.
What happens if my business information changes?
Any change in the school's name, address, or ownership requires you to submit either an endorsement from your surety agent or a new bond to the DMV.