1 (800) 308-4358

Minnesota
Registered Institutions Records Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $2,000
Term Length: 1 year
Price Varies
Most Bonds Processed In 24 Hours Or Less
Fast Delivery

Purchase your bond today and select from Next Day, Two Day, or Three Day Shipping.

Best Prices

We shop the top surety markets to find you the best rate.

Secure Checkout

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

Trustpilot

Minnesota Registered Institutions Records Bond Guide

If you’re opening a private educational institution in Minnesota, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To ensure preservation of student records after a school closes
  • Who Needs It: Private educational institutions in Minnesota
  • Regulating Body: The Office of Higher Education
  • Required Coverage: $2,000
  • Premium Rate: $100–$200, credit-based

Learn all about the bond requirements and process in this guide. 

What Is a Minnesota Registered Institutions Records Bond?

A Minnesota registered institution records bonds exist to ensure the preservation of student records after a private school ceases to exist. 

Various types of schools including technical institutes, yoga teacher schools, private colleges, and more are required to file this bond with the Office of Higher Education.

How Much Do Registered Institutions Record Bonds Cost?

Minnesota registered institutions record bonds cost a small percentage of the coverage amount, typically $100–$200.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$2,000Registered Institutions Records Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Minnesota registered institutions records bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Office of Higher Education as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Minnesota Registered Institutions Records Bond Work? 

A registered institutions records bond creates a legal contract between these three parties: 

  1. Principal: You, the educational institution filing the bond
  2. Obligee: The Minnesota Office of Higher Education requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Minnesota Statutes, Chapter 136A. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your registered institutions records bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

or