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Georgia bonds

Georgia — Buying Service Or Club Membership Bond

Georgia requires a buying service or club to maintain $25,000 in surety security for each business location as part of its licensing process. Use the Consumer Protection Division's current Bond Submission Form and match each location to the legal operator. One statewide application should not be assumed to cover several locations with a single $25,000 bond.

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Recorded state
Georgia
Bond type
Buying Club / Health-Dating Club Bond
Category
Consumer services & protection

What this bond does

Support buying-service licensing with member protection for fraudulent misrepresentation, breach of the membership contract and the statutory duties described in the accepted bond.

Who needs it
Georgia buying services and clubs charging members to participate in cooperative purchases of merchandise or services below retail prices, including operators with more than one physical location.
Who it protects
The Division's currently posted form binds the principal and surety to the Attorney General of the State of Georgia for the benefit of buying-service or club members. It covers the stated losses, damages and expenses from fraudulent misrepresentation or contract breach, along with its statutory-compliance condition. The form caps the surety's aggregate liability at $25,000.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details for licensed locations and member protection

The Attorney General's buying-service licensing guide requires a $25,000 surety bond for each location. Its current application and Bond Submission Form are linked from that programme page. Identify the legal operator and every location needing security before applying; a shared brand name does not establish that one bond meets each location's filing requirement.

The currently selected Bond Submission Form names the Attorney General and sets out both member-loss and statutory-compliance conditions. The Division's separately published Act text retains a 2006 currency heading and a Governor reference. Use the actual current submission form and accepted execution rather than reconstructing a bond from that older heading or recipient reference.

The form provides for surety cancellation by written notice to the Attorney General, with liability terminating ninety days after receipt, subject to its stated preservation of earlier claims. Its effective-date field and cancellation terms are separate from the annual buying-service license and the guide's ninety-day license-renewal window. Match the actual dates and do not count notice from the mailing date.

The Division must approve membership-contract forms. Its guide requires the member's cancellation notice and a copy of the signed contract, with written cancellation by midnight of the third business day after signature and a full refund within ten days of notice. Those consumer-contract duties remain separate from bond submission and license issuance.

Sources

Have these ready

  1. Identify the legal buying-service operator and every physical location needing a bond.
  2. Use the Consumer Protection Division's current Bond Submission Form.
  3. Match the Attorney General beneficiary, $25,000 sum per required location and accepted conditions.
  4. Coordinate the bond's effective date with the license application or renewal and accepted execution.
  5. Prepare the Division-approved membership contract and required consumer cancellation notice.

Questions about this bond

Can one $25,000 bond cover all of my Georgia locations?

The Division's guide requires $25,000 in surety security for each location, and its published Act describes a bond for each physical location of buying-service activity. Confirm the location-by-location filing rather than treating $25,000 as one shared statewide requirement.

Is the ninety-day notice the same as license renewal?

No. The current bond form measures its surety-cancellation period from the Attorney General's receipt of written notice. The annual license's ninety-day advance renewal window is a separate process. Keep both dates and the form's earlier-claim preservation terms clear.

What follows Purchase Now?

Propeller's Georgia buying-service or club-membership application opens in a new tab. Match the legal operator, location, current accepted form, required sum, effective date and execution. Return the completed submission through the Consumer Protection Division's instructions; a provider application or payment does not issue the State license or approve the membership contract.

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