North Carolina State Board of Education Bond Guide
In North Carolina, publishers of textbooks used in state schools must file a surety bond.
Bond Overview
- Purpose: To ensure school textbook publishers uphold state contracts
- Who Needs It: Publishers of state-adopted textbooks in North Carolina
- Regulating Body: The North Carolina State Board of Education
- Required Coverage: $1,000–$100,000
- Premium Rate: Credit-based, typically 1–10%
Learn all about the bond requirements and process in this guide.
What Is a North Carolina State Board of Education Bond?
A North Carolina State Board of Education bond ensures that contracted publishers properly sell, supply and distribute textbooks to public schools.
The State Board of Education requires a $3,000 surety bond for each adopted textbook submission.
How Much Do Textbook Bonds Cost?
North Carolina textbook bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a State Board of Education Bond?
The North Carolina State Board of Education requires this bond for publishers of state-adopted textbooks.
The Board periodically invites publishers to participate in the “Textbook Adoption” process, where instructional materials and books can be submitted for evaluation. If any of your submissions are adopted into state schools, you’ll need this surety bond.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a North Carolina textbook bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- 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 Board of Education as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a North Carolina State Board of Education Bond Work?
A State Board of Education bond creates a legal contract between these three parties:
- Principal: You, the instructional materials publisher filing the bond
- Obligee: The State Board of Education requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of NC General Statutes 115C-85 through 115C-102.
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. Your bond must remain active throughout the duration of your contract. Once you fulfill your obligations, the Board of Education will release you from the bond requirement.
