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California Professional Club and Promoter's Bond

California Professional Club and Promoter's Bond

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Who Requires the Professional Club and Promoter's Bond and Why Is It Needed?

A Professional Club and Promoter's Bond is required by the California State Athletic Commission pursuant to the Business and Professions Code Sections 18680 and 18684. The bond amount or coverage is set by the Commission on a case by case basis. This surety bond ensures payment of all taxes and fines due to the State of California, payment of assessments for neurological examinations, payment of the purses to the competitors, repayment to consumers of purchased tickets, payment of fees to the referees, judges, timekeepers and physicians, payment of contributions for medical insurance and to the pension and disability fund, and applicable contest cancellation costs as required by the Commission.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your California Professional Club and Promoter's Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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