IL school materials bonds.
$300. Five minutes.
Illinois requires a publisher or dealer of school instructional materials to file a bond — payable to the People of Illinois — guaranteeing it sells to Illinois schools at its lowest, uniform price. The statute sets the bond between $2,000 and $10,000; at the $10,000 maximum, ours is $300 flat.
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Three steps. One sitting.
Statutory bonds like this are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Fixed-amount bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File it with your statement
Your executed bond arrives by email, ready to file with the sworn statement of prices the School Code requires. Wet-ink original mailed on request.
The whole pricing page.
$10,000 bond × 3% = $300, one-time per term. The statutory range is $2,000–$10,000; this is the maximum, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Illinois protects school districts buying textbooks and instructional materials by requiring publishers and dealers to commit to fair, uniform pricing. Under 105 ILCS 5/28-1 of the School Code, a publisher files a sworn statement of its lowest net prices and backs it with a bond payable to the People of the State of Illinois, in an amount of not less than $2,000 nor more than $10,000.
The bond guarantees three things: that the publisher will furnish materials to any Illinois school district at the lowest net prices in its statement and keep those prices uniform statewide; that it will reduce its Illinois prices whenever it reduces them elsewhere in the U.S., never charging Illinois more than the rest of the country; and that it will not enter any agreement to fix prices or restrict competition in the sale of instructional materials.
It is not insurance for you. If a publisher breaks those pricing commitments and the State is harmed, the bond is a backstop — and if the surety pays, the publisher repays the surety. This page is the $10,000 maximum; if your filing calls for a smaller amount within the statutory range, send it over and we will issue it.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois school instructional materials bond? +
Do I pay the $10,000? +
What does the bond guarantee? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
School materials bond, issued today.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.