Health studios that sell contracts for services prior to the opening of the facility (preopening sales) and choose not to maintain a trust account. Required when: Selling health studio services prior to the opening of the facility. Exemptions: Public common schools and private schools approved under RCW 28A.195.010,Pu…
Overview
What it is.
Health studios that sell contracts for services prior to the opening of the facility (preopening sales) and choose not to maintain a trust account. Required when: Selling health studio services prior to the opening of the facility. Exemptions: Public common schools and private schools approved under RCW 28A.195.010,Pu…
Who usually needs it
Health studios that sell contracts for services prior to the opening of the facility (preopening sales) and choose not to maintain a trust account.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateWABond amount$150,000Term lengthContinuousObligeeWashington State Attorney General's OfficeRenewalThe bond must be maintained until the facility for which preopening contracts were sold is completed and opened.Bond classMiscellaneous CommercialCategoryEducationBondSurety bond in lieu of trust accountStatutory referenceRCW 19.142.070JurisdictionState
