Is the Stretch Zone DMA Cooperative Treasurer required to obtain a bond?

According to Stretch Zone's 2025 Franchise Disclosure Document, whether the DMA Cooperative Treasurer is required to obtain a bond depends on the decision of the members. The document states that "If required by the Members, the Treasurer will obtain a bond for the faithful discharge of his or her duties in such sum, and with such surety or sureties, as the Members determine."

This means that the franchisees who are members of the DMA Cooperative have the authority to decide if a bond is necessary for the Treasurer. The purpose of the bond would be to ensure that the Treasurer faithfully performs their duties. The members also determine the amount of the bond and the surety or sureties involved.

For a prospective Stretch Zone franchisee, this indicates that they may have a say in whether the DMA Cooperative Treasurer needs to be bonded. If they believe it is important to have this financial safeguard in place, they can vote in favor of requiring a bond. This provides a level of control and protection over the cooperative's funds.