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North Carolina Health Club / Prepaid Entertainment Bond

North Carolina Health Club / Prepaid Entertainment Bond

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Who Requires the Health Club / Prepaid Entertainment Bond and Why Is It Needed?

Gym. Health Club or Spa Bond for those who operate health clubs, gyms, spas and other fitness facilities.

A Health Club or Prepaid Entertainment Surety Bond is required in the State of North Carolina for those having sold or is desirous of selling certain prepaid entertainment contracts as defined in N.C.G.S. § 66-118(3). The surety bond guarantees that the bonded principal and all agents and employees honestly perform the obligations pursuant to the provisions of Chapter 66, Article 21 of the North Carolina General Statutes and all amendments to Chapter 66, Article 21. The bond protects buyers of health club or other prepaid entertainment contract services who sustain losses or damages as a result of the closing of a facility or bankruptcy of the seller. In this case, the damaged party may bring an action against the surety company to recover financial damages.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your North Carolina Health Club / Prepaid Entertainment Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of North Carolina surety bonds.

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