Maryland Health Club Bond
Maryland Health Club Bond Information
Health clubs, gyms, spas and other fitness facilities are required by state law to have a surety bond in place. These surety bonds provide protection to members who prepay, or make advance club membership payments. In addition, the surety bond guarantees compliance with applicable laws, regulations, and licensing requirements.
How Much Does a Health Club Bond Cost in Maryland?
Bonds up to $25,000
1-Year Bond Starts at $100.00
1% of the Bond Amount
Bonds over $25,000