If you are engaged an a Promoter for Boxing or MMA events in the State of Maryland, the Maryland Athletic Commissioner requires that you execute a Maryland Promoter Expense Bond to ensure compliance with licensure through the Maryland Department of Labor, Licensing and Regulation.
Bonds Express offers a Maryland Promoter Expense 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 Maryland Promoter Expense Bond holds you accountable for your business decisions.
By possessing a Maryland Promoter Expense Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.