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Alabama bonds

Alabama — Promoter Bond

Alabama's Athletic Commission posts a promoter surety bond for its boxing, MMA, kickboxing and toughman application files. The form ties the required security to obligations to the Commission, paid personnel and event contracts. Obtain the Commission's required amount for your promotion before applying.

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Recorded state
Alabama
Bond type
Boxing / MMA Promoter Bond
Category
Entertainment, sports & recreation

What this bond does

The principal and surety are bound to the Alabama Athletic Commission for the use and benefit of people injured or damaged by the promoter's regulated acts or omissions. The undertaking addresses duties under the Commission's rules, including contractual failures and associated losses.

Who needs it
Promoters responding to an Alabama Athletic Commission bond request. The promoter and promotion have separate name and address fields, so identify the actual licensed applicant rather than using only the show's advertising name.
Who it protects
The prescribed form gives an injured person a claim against the surety and, if unpaid, a right to bring an action in that person's own name. It also permits the Commission to claim on an affected person's behalf. It does not replace participant medical coverage, event liability insurance or an event permit.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details of Alabama's promoter undertaking

The posted instrument is broader than a purse-only promise. Its stated purpose includes promotional damages, penalties, taxes and expenses, and its condition refers to Commission obligations, paid personnel and event contracts. Use the actual requested sum and the form's aggregate-liability field; this page does not establish a fixed statewide amount.

The form allows the surety to cancel on sixty days' notice delivered to the promoter, with a copy sent to the Commission. Accrued liability and liability arising before the notice period ends remain covered. A separate provision calls for immediate written notice to the Commission when the principal or surety is served with an action under the bond.

The published document contains different Commission addresses in its header and notice paragraphs. Confirm the current service and filing addresses directly with the Commission rather than copying an old address. Review the effective dates and principal/attorney-in-fact execution before filing; a provider application is separate from the promoter's license and event-permit applications.

Sources

Have these ready

  1. Get the Commission's required amount and currently accepted promoter bond.
  2. Provide the legal promoter and promotion names, their addresses and the applicant's entity type.
  3. Have the event contracts and amounts owed to the Commission and paid personnel available.
  4. Check the effective period, aggregate sum and principal/surety execution.
  5. Confirm current filing and notice addresses and complete the separate license and event-permit requirements.

Questions about this bond

Who is named as obligee?

The posted bond binds the principal and surety to the Alabama Athletic Commission for the use and benefit of affected people. Match that wording rather than replacing it with a venue or a contestant.

Is this just a fighter-purse bond?

The form is broader. It addresses the promoter's regulated obligations, contractual failures and damages, with stated references to penalties, taxes and expenses. Match the Commission's complete form rather than a narrower purse-only instrument.

Does cancellation erase earlier liability?

The form's sixty-day cancellation provision preserves liability already accrued or arising before that period ends. It also requires delivery to the promoter and a copy to the Commission; use their current addresses.

What opens when I select Purchase Now?

Propeller's application for this Alabama promoter offering opens in a new tab. Match the Commission's required amount, legal applicant, named obligee and effective dates, then review, execute and file the issued bond. Checkout does not grant a license or event permit.

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