Every contract entered into by the clinic and another individual shall contain the clinic's name, address, and phone number as well as the following:
(a) The agreed contract price per course.
(b) Type of course or program.
(c) Duration of course or program, including the date and time the course or program is to be taught.
(d) Requirements for completion of course or program.
(e) Breach of contract provision.
(f) A clause stating that this course or program has been approved by the Department of Motor Vehicle Safety.
(g) A clause stating that each instructor is certified by the Department of Motor Vehicle Safety.
(h) A clause stating that the clinic is licensed by the Department of Motor Vehicle Safety in accordance with Title 40-5-80 (Driver Improvement Act) and the rules and regulations promulgated thereunder.
(i) The contract shall be signed by the student and an officer legally constituted to bind the clinic.
(j) The contracts must be pre-numbered.
(k) A clause stating that a performance bond in the principal sum of twenty-five hundred ($2500.00) dollars has and will be maintained for the protection of the contractual rights of the students by an authorized bonding company.