California — Athlete Agent Bond
California's athlete-agent law allows specified insurance or security arrangements, including qualifying instruments held in trust or bank escrow. Match the actual statutory route and disclosure file before buying; a bare instrument is not automatically the whole arrangement.
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- Recorded state
- California
- Category
- Entertainment, sports & recreation
What this bond does
Provide the requested athlete-agent security under the accepted route in Business and Professions Code 18897.87.
- Who needs it
- The athlete agent preparing the actual individual or entity disclosure and security arrangement, not an event promoter seeking permission to stage a game.
- Who it protects
- The statute concerns claims based on acts, errors or omissions arising from the agent's business, including representatives or employees. It describes qualifying insurance and trust/escrow security alternatives, not a guarantee of an athlete's earnings or event safety.
Your bond option
This is the option on record for this bond.
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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.
Sources
- California BPC18897.87: security alternatives (opens in a new tab)Checked October 26, 2026
- California Secretary of State: athlete-agent disclosure and instructions (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the actual individual/entity disclosure principal.
- Have the written security request and chosen statutory route.
- Confirm required condition, recipient, amount, dates and any trust/escrow arrangement.
- Prepare the separate disclosure evidence and submission instructions.
Questions about this bond
Does the business disclosure replace each agent's filing?
The posted instructions require applicable company filings and individual-agent filings. Match the actual roles rather than assuming the business filing replaces every individual's disclosure.
Is ordinary liability insurance automatically included?
No. The statute describes distinct qualifying insurance and trust/escrow security routes. This unlabeled surety offering does not establish that an insurance policy or account is included.
Does payment create the trust or file the disclosure?
No. Confirm the accepted arrangement and complete its separate account, disclosure and evidence instructions.