The Commission shall not issue or review an agent's license until the applicant for the license has filed with the Commission a corporate surety bond or other security approved by the Commission.
The surety bond shall be payable to the Commission.
A student, or the student's parent or guardian, who is aggrieved by a violation of this chapter by an agent shall have a right of action on the bond for the recovery of money, or damages, or both.
The amount of bond required to be filed under this section shall be twenty-five hundred dollars ($2,500).
A school may file a blanket surety bond for all its authorized agents in an amount to be determined by the Commission, but in no case greater than fifteen thousand dollars ($15,000).
D.C. Mun. Regs. tit. 5, r. 5-A8127