If you are engaged as a boxing, wrestling or MMA promoter in Michigan you are required under Section 338.3633 (3) of the Michigan Unarmed Combat Regulatory Act (Act 403 of 2004) to file a Michigan Promoters License Bond as a condition of licensure.
Bonds Express offers a Michigan Promoters License Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Michigan Promoters License Bond holds you accountable for your business decisions.
By possessing a Michigan Promoters License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.