Louisiana Tutor's Bond

State:
Louisiana
Control #:
LA-SKU-0376
Format:
PDF
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Description

Tutor's Bond

Louisiana Tutor's Bond is a type of surety bond that is required by the State of Louisiana to protect students from possible financial losses due to the negligent or fraudulent behavior of their private tutors. The Louisiana Tutor's Bond guarantees that the tutor will be held financially responsible for any financial losses incurred by their clients. The bond is an agreement between the tutor and the surety company, and it requires the tutor to pay the surety company for any losses that may be incurred. There are two types of Louisiana Tutor's Bonds: the Contractor's and the Personal Tutor's Bond. The Contractor's Bond is required for all tutors that are doing business as a contractor or hired tutor. The Personal Tutor's Bond is required for all tutors that are teaching for their own business and are not employed by another person or organization. Both of these bonds must be purchased from a licensed surety company and must be for the exact amount specified by the State of Louisiana.

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FAQ

Continuing tutorship is a form of legal guardianship. It's an option if: Your child is between age 15 or older. Your child has 2/3 or less of the average mental ability of a person their age. This would be an I.Q. of 67 or less.

The dative tutor is a person designated by the parents to look after their child and administer the latter's patrimony, in the event of the parents' death or incapacity.

The child must have been found to be a Child in Need of Care by the court. Then the Department of Children and Family Services (DCFS), the parent or the attorney for the child may make a request of the court asking that a guardian be appointed. The child must have lived with the guardian for at least 6 months.

Natural tutorship: This occurs when parents get divorced or when one parent dies. In the case of divorce, parents with custody are considered the natural tutors of the child. Should one parent die, the surviving parent is the rightful tutor of the child.

If the court approves and finds that it is in the child's best interest, the court will appoint a tutor. The tutor must accept the appointment, take an oath and post security that equals what the child owns. The court will then issue letters of tutorship which gives you the permission to act for the child .

It is used to refer to a person appointed by a court to represent the interests of a minor whenever the minor's interests conflict with that of the tutor. An under-tutor must in all cases act for the minor, when the tutor's and the minor's interest conflict. Welch v. Baxter, 45 La.

The steps required to cancel a bond for deed are: sending the buyer a notice of default by registered or certified mail; waiting 45 days from the date of mailing of default; cancelling the bond for deed contract from the Mortgage and Conveyance Records.

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Louisiana Tutor's Bond