Georgia Boxing, Kickboxing or Mixed Martial Arts Match or Event Promoters are required to execute a Georgia Match or Event Permit Bond to ensure compliance with the requirements of th Georgia Athletic and Entertainment Commission.
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 Georgia Match or Event Permit Bond holds you accountable for your business decisions.
By possessing a Georgia Match or Event Permit Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.