Health Spa Surety Bond
Health spa operators who offer for sale or sell memberships that provide instruction in or use of facilities for a physical exercise program. Required when: Required as a condition for the issuance of a health spa operator's certificate of registration. Exemptions: Organizations tax-exempt under Section 501 of the Int…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: "The bond amount is determined by the total amount of prepaid memberships at ea…. Other available requirements: "The bond amount is determined by the total amount of prepaid memberships at each health spa location: $20,000 for $0-$20,000 in prepayments; $25,000 for $20,001-$25,000; $30,000 for $25,001-$30,000; $35,000 for $30,001-$35,000; $40,000 fo…. Exact options still depend on the obligee, state, and underwriting.
