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Georgia bonds

Georgia — Match Event Permit Bond

Use Georgia's Match/Event Permit form for the security requested for your competition. It names the Georgia Athletic and Entertainment Commission for affected persons' benefit and prints a $25,000 figure; confirm the Commission's actual required sum and dates.

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

What this bond does

The posted form focuses on damages, penalties and expenses from unpaid contract liabilities connected with boxing, kickboxing and MMA promotional activities. Its condition also addresses the promoter's, agents' and employees' faithful and honest performance of Commission-rule obligations.

Who needs it
The actual promoter and business identified in the match/event request, using the appropriate organization details. The separately posted promoter-license form has a different title and opening purpose; do not substitute it just because both concern the same promoter.
Who it protects
The event form describes loss from failures of secured duties, including written or oral contractual obligations and the stated acts or omissions. A person first claims with the surety and, if unpaid, may sue in their own name. The Commission may claim for an affected person; aggregate liability is limited to the completed bond sum.

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.

Match the event instrument, not just the promoter's name

The Match/Event Permit form and Promoter's License form are separately posted instruments. The event form's opening concerns unpaid contract liabilities; the license form's opening also describes taxes and named event personnel. Their overlapping later clauses do not authorize treating the instruments as interchangeable.

Complete the promoter and business identity, organization, effective from/to dates, required sum and aggregate field on the accepted event instrument. The posted $25,000 figure is not a new catalog option or proof that every event's required amount is identical.

The form requires 60 days' cancellation notice to the promoter with a copy to the Commission and preserves liability through that period. It also requires prompt Commission notice when either party is served with an action under the bond. Those notice provisions do not themselves establish the bond's start/end dates.

Purchase Now opens Propeller for this recorded match/event offering. Match the accepted event form, promoter, Commission recipient, required sum and dates before applying. Use Call if the request is for the separate license security or a different event instrument, then complete permit and filing requirements separately.

Sources

Have these ready

  1. Obtain the current Commission request for the specific match/event.
  2. Use the exact promoter, business name and organization details.
  3. Match the accepted Match/Event Permit condition and Commission recipient.
  4. Confirm the required sum, aggregate field and effective from/to dates.
  5. Complete the proper principal/surety execution and current permit filing instructions.

Questions about this bond

Can I use the separate promoter-license form instead?

Confirm the requested instrument with the Commission. The posted forms have distinct titles and opening purposes; similar later clauses do not establish interchangeable acceptance.

Does the printed $25,000 figure settle every event's amount?

No. Match the Commission's current required sum and completed aggregate field for the actual event. This page does not add an amount choice to the catalog.

What happens if a described loss is not paid by the surety?

The posted form permits the affected person to sue in their own name after an unpaid claim and allows the Commission to claim for affected persons. Follow the accepted instrument and applicable procedure.

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