Indiana Code Title 25. Professions and Occupations § 25-34.1-5-7

(1) The approval of a course by the commission.

(2) A permit issued under section 15 of this chapter.

(1) a letter requesting renewal;

(2) an annual report;  and

(3) a bond in the amount of twenty percent (20%) of the previous year's total tuition, but in no event less than ten thousand dollars ($10,000) or more than fifty thousand dollars ($50,000).