Dance studios in Florida are required by the Dance Studio Act to post a security annually with the Florida Department of Agriculture and Consumer Services as a requirement of their registration.
The security can be in the form of a guaranty agreement secured with a certificate of deposit, an irrevocable letter of credit, or a surety bond.
Surety bond amounts are determined by the number of years a studio has been in business:
Applicants can obtain a dance studio registration package from the Department of Agriculture and Consumer Services. The surety bond will need to be submitted with the completed application package and payment of the application fee.
The premium that you pay for a Florida Dance Studio Surety Bond is dependent on credit and the bond amount required.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application