Physical Exercise Clubs operating in the State of Iowa are required under Iowa Code Chapter 552.16 to execute an Iowa Physical Exercise Club Bond to ensure compliance with licensure.
Bonds Express offers an Iowa Physical Exercise Club Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Iowa Physical Exercise Club Bond holds you accountable for your business decisions.
By possessing an Iowa Physical Exercise Club Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.