If you are engaged as a Promoter for Boxing, MMA, or other Unarmed Combative Sports exhibitions (please note that this Bond is not applicable for Wrestling), you are required by the New York State Athletic Commission to execute a New York Promoters License Corporation Bond in the amount of $10,000 to ensure compliance with Chapter 714 of the Laws of 1921 and 19 NYCRR.
Bonds Express offers a New York Promoters License Corporation 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 New York Promoters License Corporation Bond holds you accountable for your business decisions.
By possessing a New York Promoters License Corporation Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.