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What Is A Promoters Bond?

A promoter surety bond is a form of insurance that is required in some states for any person or organization that organizes a sports event for boxing, wrestling, MMA, karate, or other unarmed sports.  The bond ensures that participants and fees are paid and holds the bond purchaser responsible for any unethical activity or conduct.

Before promoters purchase a bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.

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