Any person, corporation, partnership, association, or group intending to open or operate a health spa in Kentucky that charges initiation fees or accepts payments for services more than 31 days in advance. Required when: Prior to the sale of any memberships in the Commonwealth of Kentucky. Exemptions: A health spa is …
Overview
What it is.
Any person, corporation, partnership, association, or group intending to open or operate a health spa in Kentucky that charges initiation fees or accepts payments for services more than 31 days in advance. Required when: Prior to the sale of any memberships in the Commonwealth of Kentucky. Exemptions: A health spa is …
Who usually needs it
Any person, corporation, partnership, association, or group intending to open or operate a health spa in Kentucky that charges initiation fees or accepts payments for services more than 31 days in advance.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateKYBond amountThe bond amount is based on the number of unexpired contracts: $10,000 for 150 …Term lengthContinuousObligeeKentucky Office of the Attorney General, Division of Consumer ProtectionRenewalWhile the bond itself is continuous, health spas must file an annual registration statement and pay a renewal fee ($50) to the Attorney General's Office by July 1 each year. A bond continuance statement may be required …Bond classLicense BondCategoryHealthcareBondHealth Spa Surety BondStatutory referenceKRS 367.905, KRS 367.906JurisdictionState
