Georgia Nonpublic Postsecondary Educational Institution Bond The Nonpublic Postsecondary Educational Institution Surety Bond is required by the State of Georgia Nonpublic Secondary Education Commission. This Bond requires the applicant to act as an institution requiring all participating members to abide by all rules and regulations of the Nonpublic Postsecondary Educational Act of 1990. According to the state of Georgia, the term ?nonpublic? means a private secondary educational institution not established, operated or governed by the state of Georgia. The bond guarantees that the licensed Principal and all affiliates will faithfully comply with the law.