Who Requires the Boxing Promoter Bond and Why Is It Needed?
A Boxing Promoter Bond is a surety bond required by the Florida State Boxing Commission to ensure promoters meet associated payment and performance obligations. The bond also guarantees compliance with laws and regulations governing the license and event, and protects against fraudulent activity or misrepresentation by the professional club. Through these surety bond requirements, security and protection is provided to both athletes and venue owners related to contractual payment and performance commitments.
How Much Will My Surety Bond Cost?
Take 2 minutes to provide the basic information required to get the best rates for your Florida Boxing Promoter 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.
What Does the Bond Protect Against?
The condition of the Boxing Promoter Surety Bond is such that the bonded promoter engaged in business as a Promoter or Foreign Co-Promoter as defined by Chapter 548, Florida Statutes pays all fees and taxes as required to be paid by the Commission and faithfully complies with Chapter 548, Florida Statutes, and the rules set forth by the Commission. Secondly, the promoter must fulfill all contractual obligations with others as required.
