Those engaged in the operation of a health studio in the State of Rhode Island are required to execute a Rhode Island Health Club Bond to ensure compliance with Section 5-50-3 of the Rhode Island General Laws.
Bonds Express offers a Rhode Island Health 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 Rhode Island Health Club Bond holds you accountable for your business decisions.
By possessing a Rhode Island Health Club Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.