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Florida bonds

Florida — Boxing Promoter Bond

Florida's promoter security is $15,000 in the published licensing instructions. The June 2023 bond names the Florida Athletic Commission, Department of Business and Professional Regulation, and covers taxes, fees, Chapter 548 compliance and contractual obligations.

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

What this bond does

The actual form addresses a promoter or foreign co-promoter's prompt accounting and payment to the Commission, compliance with Chapter 548 and Commission rules, and fulfillment of contractual obligations to others. The bond is broader than a promise covering only a fighter's purse.

Who needs it
The actual licensed promoter or foreign co-promoter for the requested sport. The published instructions call for separate applications by sport and appropriate officer, LLC-member or partner applications when licensing under a business name.
Who it protects
The current form names the Commission within DBPR as obligee and sets aggregate annual surety liability at the face amount. Security must be matched to the accepted condition; the separately required participant medical and death-benefit insurance is not replaced by this bond.

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.

Keep the annual cap separate from cancellation timing

Form BPR-0009-465 uses Florida Athletic Commission, not the older State Boxing Commission heading found in the posted FAQ. Match the actual promoter or foreign co-promoter and current Commission/DBPR obligee on the accepted instrument.

The form's annual aggregate provision limits liability to its face amount. It is not a new one-year term choice or a statement that required security can lapse with a license-renewal date.

The form requires 60 days' written cancellation notice to the Commission and at least 90 days since the principal's most recent match; covered prior acts remain secured through the effective cancellation date. The published FAQ also says a promoter may not cancel while holding an active license. Confirm the current accepted process rather than treating either clock as an automatic release.

Purchase Now opens Propeller. Match the accepted condition, actual applicant, Commission/DBPR obligee, required sum, start date and principal/surety and witness execution before applying. Submit security as currently directed, then complete sport-specific licensing, participant insurance and the live-event permit separately; use Call if the request differs.

Sources

Have these ready

  1. Identify the promoter or foreign co-promoter and each requested sport.
  2. Confirm the current required sum against the published $15,000 licensing instruction.
  3. Use the current Commission/DBPR obligee and accepted Chapter 548 condition.
  4. Prepare applicable business-member/officer/partner applications and proper witness execution.
  5. Keep recent-match dates, cancellation instructions, separate insurance and live-event approval requirements available.

Questions about this bond

Is the secured obligation limited to contestant purses?

The June 2023 form expressly includes accounting and payment of taxes and fees, Chapter 548/rule compliance and contractual obligations to others. Match that accepted condition rather than reducing it to purses alone.

Can I cancel as soon as a match ends?

The form requires 60 days' Commission notice and at least 90 days since the latest match, preserving covered prior acts. The published FAQ adds an active-license restriction. Confirm the current process before requesting cancellation.

Does the annual aggregate clause select a one-year bond term?

No. It describes the surety's annual liability cap, not a new catalog duration or permission for a gap in required security.

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