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What is the purpose of the Arizona Promoter Surety Bond?
The Arizona Promoter Surety Bond is required by the Arizona Boxing and Mixed Martial Arts Commission under Arizona Revised Statutes, Title 5-229 and 5-228. This particular surety bond ensures that a promoter will follow all laws and regulations set forth by the state agency. Additionally, that the participants will be paid their agreed amount. The bond amount varies and is set by the commission.
In addition to the surety bond, those who wish to be an Mixed Martial Arts or Boxing promoter in Arizona must also submit the following.
- A completed application form
- Cashiers check amounting to $400.
- Submission of fingerprints, along with $22 for the processing fee.
- A Financial Information Form. With three months of bank statements, a credit report and a list of all pending litigation.
How do I obtain a Arizona Promoter Surety Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery.
With an A+ rating from the Better Business Bureau, you can only expect the best service from us at Surety Solutions.