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Texas Combative Sports Promoter Bond

Texas Combative Sports Promoter Bond

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Who Requires the Combative Sports Promoter Bond and Why Is It Needed?

The Compliance Division of the Texas Department of Licensing and Regulation requires Combative Sports Promoters to furnish $15,000 surety bonds to ensure compliance with applicable state laws pertaining to business conduct. A Combative Sports Bond for Gross Receipts Tax Bond in the same penal amount may also be required. The surety bond is typically obligated for legal operation of the principal as a Combative Sports Promoter pursuant to Texas Occupations Code Chapter 2052. An action may be taken against the combative sports surety bond by any person injured or aggrieved by the principal's violation of the law. This combative sports promoter bond allows for successive recovery, but in no event will the aggregate liability to the surety company for all damages exceed the face value of the surety bond.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Texas Combative Sports 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 surety bond protects any person injured or aggrieved by any violation of the state law related to business operations of the bonded principal (including agents and representatives) as a Combative Sports Promoter pursuant to Texas Occupations Code Chapter 2052.



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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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