If you are engaged as a Promoter for Boxing or Unarmed Combat Events (MMA, Wrestling, etc.), you are required by the Indiana Gaming Commission to execute an Indiana Promoters License Bond in an amount of no less than $10,000 to ensure compliance with Section 4-33-22-32 of the Indiana Code.
Bonds Express offers an Indiana 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 Indiana Promoters License Bond holds you accountable for your business decisions.
By possessing an Indiana Promoters License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.