CO health club bonds.
From $100. Enter your amount.

The security Colorado requires under the Consumer Protection Act (C.R.S. 6-1-704) to protect health club members’ prepaid dues if a club closes. The premium is 1% of your bond amount, with a $100 minimum — enter the amount your situation requires and your exact price appears at the application.

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Required under C.R.S. 6-1-704 — Colorado’s health club provisions in the Consumer Protection Act

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Protects prepaid and preopening memberships if a club fails before contracts end

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1% of the bond amount, $100 minimum — the price scales with your bond amount; the application collects no credit information

1% rate$100 minimum, set by bond amountNo SSNin the applicationFastinstant underwriting

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How it works

Apply to filed in one sitting.

No underwriting queue for the standard health club bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the statute requires, and the effective date — that is the entire application.

MINUTES, USUALLY

Issued fast

Most applications approve instantly and the executed bond is generated as soon as you pay. If a check ever runs, it is a soft pull only — never a hard inquiry. Larger amounts may get a quick review.

SAME DAY

File and keep selling memberships

Hold the executed security as the statute requires before and while you sign membership contracts. Wet-ink originals mailed whenever you need them.

About this bond

What it is and who needs it.

What the health club bond actually covers

Colorado’s health club provisions in the Consumer Protection Act (C.R.S. 6-1-704) require a club to back its members’ prepaid dues. The security is payable to the state for the benefit of any buyer injured if the club goes out of business before a member’s contract term ends.

For long-term contracts, the statute calls for a $100,000 security per location, maintained for as long as the club has outstanding membership contracts whose term exceeds twenty-four months. A surety bond is one of the accepted forms of security.

For preopening sales, a club must either escrow preopening receipts or post a $50,000 security for the repayment of amounts paid under preopening agreements until the club opens. Enter the figure your situation requires, and we issue the bond with pricing from $100 and no credit information collected in the application.

C.R.S. 6-1-704 (Colorado Consumer Protection Act)Under C.R.S. 6-1-704, a health club must provide security — a $100,000 surety bond per location for membership contracts exceeding twenty-four months, payable to the state for the benefit of any buyer injured if the club closes before a contract ends; and a $50,000 security (or escrow) for preopening memberships until the club opens. Confirm which figure applies to your club.

You need this bond if you are

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A gym or fitness club selling long-term membership contracts in Colorado

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Pre-selling memberships before a new club opens, in lieu of escrowing receipts

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A studio or wellness club — yoga, pilates, spa — that collects prepaid dues

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Operating multiple locations carrying the per-location security the statute sets

One application, priced fast.

Submit the application with your required bond amount — your exact price is confirmed there, and the executed health club bond is generated as soon as you pay.

Start the application →

FAQ

Common questions.

How much is the Colorado health club bond?The premium is 1% of your bond amount, with a $100 minimum — the price is set by the amount, not by credit or underwriting tier. The bond amount itself is set by statute — $100,000 per location for long-term membership contracts, or $50,000 for preopening sales. Enter the figure that applies and your exact price appears at the application.

Why does Colorado require this bond?Under the Consumer Protection Act (C.R.S. 6-1-704), it protects members’ prepaid dues. If a club closes before a contract ends, the security pays injured buyers — it is held for the benefit of the people of Colorado.

Do I need a credit check?The application collects no credit information, and most applications approve instantly. If a check ever runs, it is a soft pull only — never a hard inquiry — and it never affects your credit score.

When do the $100,000 and $50,000 figures apply?The $100,000 per-location security backs long-term contracts (terms over twenty-four months). The $50,000 figure covers preopening memberships sold before the club opens, unless you escrow those receipts instead. Send us your situation and we’ll confirm which applies.

Can I use a letter of credit or escrow instead?The statute accepts several forms of security, including a surety bond, and lets clubs escrow preopening receipts. A surety bond is usually the cheapest — you pay a premium of 1% of the bond amount ($100 minimum) rather than tying up the full amount in cash or bank collateral.

Related bonds

Other Colorado bonds.

Health club bond, issued today.

Pricing from $100. Enter your required amount and hold it the same day.

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Your premiumfrom $100

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