How Much Does a Boxing, Martial Arts, and Professional Wrestling Program Event Surety Bond Cost in Virginia?
Boxing, Wresting, or MMA Promoter Bond
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What Does a Boxing, Martial Arts, and Professional Wrestling Program Event Surety Bond Protect Against?
The surety bond secures the faithful and honest adherence with the provisions of Title 54.1, Chapter 8.1, Code of Virginia (1950), regulations for boxing and wrestling; and payment of all damages resulting from misstatement, misrepresentation, fraud, or deceit on the part of the bonded principal, their agents or employees. The surety may cancel this bond at any time by providing 60 days written notice to the Department of Professional and Occupational Regulation.