What Is A Indiana Amusement Enterprise Bond?
In the State of Indiana an amusement enterprise bond is required as a part of the process of any form of entertainment attraction getting licensed and acquiring the necessary permits. IN establishes different jurisdictions that will provide licensing for both traveling fair-type entertainment enterprises as well as permanent attractions such as theme parks. These enterprises are defined as any attraction that features amusement devises such as games, rides, shows, vending, or concessions and that allow access to the public, either with an admission fee or without one.
The main purpose of an Indiana amusement enterprise bond is to assure the jurisdiction granting the entertainment enterprise the operating license that the company will operate according to the applicable rules and guidelines set forth by the industry as well as by the jurisdiction. It is also meant as a means of releasing the jurisdiction from any responsibility for losses or damage arising out of the operation of the entertainment enterprise.
If you are in need of any type of Indiana surety bond, please don’t hesitate to contact the people at Ox Bonding and let them help you.