If you are engaged as a Promoter for Boxing or MMA Exhibitions in the State of Rhode Island, the Rhode Island Division of Racing and Athletics requires that you execute a Rhode Island Promoters License Bond to ensure compliance with Chapter 41 of the Rhode Island Code.
Bonds Express offers a Rhode Island 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 Rhode Island Promoters License Bond holds you accountable for your business decisions.
By possessing a Rhode Island Promoters License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.