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Athletic Exhibition License Bond
Athletic exhibition license bond is a surety bond which guarantees the payment
of the promoter expenses, division of pursue. Athletic
exhibition license bond is issued to the exhibition
who conduct athletic exhibition. The athletic exhibition
can conduct, maintain, promote, advertise, organize
and undertake the exhibition, only after procuring a
license from the board of county commission. The state
athletic commission sanction license to the boxers,
kick boxers and wrestlers. The promoters must have a
legal license from the commission and should have procured
an athletic exhibition license surety bond for the amount
specified in the commission. The athletic exhibition
license surety bond guarantees the payment for taxes,
fees, fines and other moneys dues payable and receivable.
This bond is issued, to be a licensed promoter and the
commission may modify the amount of the surety bond
required to ensure the adequate and sufficient coverage
for payment of taxes, fees and pursue.
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