Minnesota club membership bonds.
From $100.
Minnesota requires a health, dating, or buying club to register with the Attorney General’s Office and file a surety bond once it takes prepayments of $50 or more. The bond protects members’ prepaid dues if the club closes, and its amount follows your outstanding liabilities to members. Pricing starts from $100.
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How much does a Minnesota club membership bond cost?
0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard club bond — enter your amount, pay, and file with the Attorney General. Here is the whole thing:
Apply online
Your business details, the bond amount your outstanding liabilities require, and the effective date — that is the application.
Issued on the spot
No credit check up to $100,000.
File with the Attorney General
Submit the executed bond with your club registration to the Minnesota Attorney General’s Office. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the club bond actually covers
Minnesota regulates health, sport, fitness, dating, and buying clubs that sell prepaid memberships under the club-membership provisions of Minn. Stat. ch. 325G. A club that accepts prepayments of $50 or more must register with the Attorney General’s Office and post security, of which a surety bond is one accepted form.
The bond is held for the benefit of members. If a club closes or files for bankruptcy and a member loses part of their prepaid membership fee, the member (or the Attorney General on their behalf) can file a claim against the bond and recover.
The required amount is the aggregate value of your outstanding liabilities to members — what you would owe back if you closed today. The statute caps the bond at $200,000 no matter how many facilities you operate. Enter the figure your liabilities require; pricing starts from $100 and no credit check up to $100,000.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Attorney General. Submit the executed bond with your club registration to the Minnesota Attorney General’s Office. Wet-ink originals mailed whenever the office insists.
What sets the price
The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your required bond amount — the executed club bond is generated instantly, ready to file with the Attorney General.
Start the application →Common questions.
Other Minnesota bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Club bond, issued today.
Pricing from $100. Enter your required amount and file with the Attorney General the same day.