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Florida Dance Studio Bond

Florida dance studios must maintain a Florida dance studio bond which is required in one of three dollar amounts, depending on the number of years in business. Call AmeriPro Surety Bonds for your bond at 844-589-9732.

Florida Dance Studio Bond | AmeriPro Surety Bonds | 844-589-9732

 

 

 

Florida Dance Studios

 

 

 

Dance studios which operate in Florida are governed by the Florida Department of Agriculture and Consumer Services which is also the obligee for the dance studio bond required.

Dance studios are also regulated under the Florida legal statutes 501.143 of the Florida Senate.

These statutes require that Florida dance studios maintain a surety bond as a prerequisite for licensing.

 

 

 

Florida Dance Studio Bond: Amount Required

 

 

 

If you are a new or renewal dance studio licensed applicant, the bond required is in one of three amounts:

  • If you are in business for 0 to 1 year, the bond amount required is $5,000;
  • For dance studios in business 1-2 years, the bond amount required is $10,000;
  • Dance studios which have been in business 2-3 years are required to have a bond amount of $15,000.

In cases where a dance studio has operated in violation of state law, the Department may require a surety bond up to, but not exceeding, $25,000.

 

 

 

Florida Dance Studio Bond: The Purpose of this Bond

 

 

 

The purpose of the Florida dance studio bond is to protect customers of the dance studio from any acts which violate the law.

These violations included fraud, theft, criminal malfeasance, or willful misrepresentation in connection with the operation of the dance studio.

Violations of rules governing dance studios may furthermore be committed by an owner, employee, manager, or shareholders of a dance studio, such that the Department may conclude that upon investigation that a violation has been committed.

 

 

 

Florida Dance Studio Bond: Premium Amount

 

 

 

The premium amount of a Florida dance studio bond may be as low as follows:

  • A $5,000 bond may be as low as $100;
  • A $10,000 bond may be as little as $200;
  • A $15,000 bond may cost $300.

Florida Dance Studio Bond’s Duration

Dance studio bonds are issued for one year and are renewed annually.

You will want to ensure that both your bond and license run for concurrent dance so as to prevent any gaps in bond coverage.

 

 

 

AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provide a wide variety of license and permit, contractor, court, and fiduciary bonds in Florida.

Our surety agency also provides bonds nationwide.

 

 

 

Contact AmeriPro Surety Bonds today at 844-589-9732

Email:  info@ameriprosuretybonds.com

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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