MN club membership bonds.
Flat 3%. Enter your amount.

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. We issue it at a flat 3% with no credit check — enter the amount your outstanding liabilities require.

Required under Minn. Stat. ch. 325G when a club accepts member prepayments of $50 or more
Amount equals your aggregate outstanding liabilities to members — capped at $200,000 regardless of how many facilities you run
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in 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:

TODAY · 5 MINUTES

Apply online

Your business details, the bond amount your outstanding liabilities require, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

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.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure your outstanding member liabilities require and the premium updates.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

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, and we issue it at a flat 3% with no credit check.

Minn. Stat. ch. 325G (club memberships)Minnesota’s club-membership statutes (Minn. Stat. §§ 325G.23–325G.28) require a health, dating, or buying club that takes member prepayments of $50 or more to register with the Attorney General and maintain security — a surety bond, letter of credit, or cash — in an amount not less than the aggregate value of outstanding liabilities to members, never required above $200,000. The bond protects members who lose prepaid fees if the club closes. Confirm your outstanding-liability figure on your registration (form CLUB3).

You need this bond if you are

A health or fitness club selling prepaid memberships in Minnesota
A dating or social-referral service that collects membership fees in advance
A buying club taking prepayments of $50 or more from members
Renewing your AG registration and refreshing the bond for your current liabilities

Five minutes, 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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Minnesota club bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself equals your aggregate outstanding liabilities to members and is never required above $200,000. Enter the figure your liabilities require and the quote updates.
When does a club need this bond? +
Under Minn. Stat. ch. 325G, a health, dating, or buying club must register with the Attorney General and post security once it accepts member prepayments of $50 or more. Clubs that take no prepayments generally do not need the bond.
Is there a credit check? +
No — the club bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
What does the bond protect against? +
It protects members who lose part of a prepaid membership fee if the club closes or files for bankruptcy. A harmed member, or the Attorney General on their behalf, can file a claim against the bond — and if the surety pays, the club repays the surety.
Can I use cash or a letter of credit instead? +
Yes — the statute accepts a surety bond, an irrevocable letter of credit, or cash. A surety bond is usually cheapest, since you pay the 3% premium rather than tying up the full amount in cash or bank collateral.
Related bonds

Other New York bonds.

Club bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter your required amount and file with the Attorney General the same day.

Your premium @ 3%$750
Apply now →