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South Carolina Health Club Special Deposit Bond

What is a South Carolina Health Club Special Deposit Bond?

A surety bond called a Health Club Special Deposit Bond is required as a physical fitness center security deposit pursuant to Section 44-79-80 of the Code of Laws of South Carolina. The purpose of the surety is to guarantee compliance with the S.C. Physical Fitness Services Act, S.C. Code ยง 44-79-10, et seq. (LAW CO-OP 1986) and ensure that contracted physical fitness services are provided to customers according to the terms and conditions set out by the Administrator. The bond is for the use of the State of South Carolina and any member that may have a cause of action against the physical fitness services center.

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Health Club Bond
up to $25,000

Bonds up to $25,000

1-Year Bond
1.0% of the Bond Amount

Health Club Bond
over $25,000

Bonds over $25,000

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