No person shall engage in the business of conducting a drivers’ school without being licensed therefor by the commissioner. Application therefor shall be in writing and shall contain such information as the commissioner requires. Each applicant shall be fingerprinted before such application is approved. If the application is approved, the applicant shall be granted a license upon the payment of a fee of three hundred fifty dollars and a deposit with the commissioner of cash or a bond of a surety company authorized to do business in this state, conditioned on the faithful performance by the applicant of any contract to furnish instruction, in either case in such amount as the commissioner may require, such cash or bond to be held by the commissioner to satisfy any execution issued against such school in a cause arising out of failure of such school to perform such contract. For each additional place of business of such school, the commissioner shall charge a fee of eighty-eight dollars. No license shall be required in the case of any board of education, or any public, private or parochial school, which conducts a course in driver education established in accordance with sections 14-36e and 14-36f. A license so issued shall be valid during the calendar year. The annual fee for renewal shall be the same amount and the same deposit of security shall be required. The commissioner shall issue a license certificate or certificates to each licensee, one of which shall be displayed in each place of business of the licensee. In case of the loss, mutilation or destruction of a certificate, the commissioner shall issue a duplicate upon proof of the facts and the payment of a fee of twenty dollars.