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Indiana — Boxing And Mixed Martial Arts Promoters Bond

Indiana's current prescribed promoter bond runs to the State of Indiana with a $10,000 minimum. It secures license and event-permit duties, including financial and tax obligations, under the Gaming Commission's stated authority.

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Recorded state
Indiana
Bond type
Boxing / MMA Promoter Bond
Category
Entertainment, sports & recreation
Local scope
Authority
Identified authority / locality
Indiana Gaming Commission

What this bond does

The form covers faithful performance of the promoter's licensed duties and event permits under IC 4-33-22-32 and Commission rules, regulations and orders. The current boxing and MMA applications request the prescribed security with the licensing materials.

Who needs it
The actual individual or company seeking or holding the appropriate promoter license. The MMA application's bond exhibit applies to professional or pro-am events; do not assume an entirely amateur programme has the same request just because the catalog says MMA.
Who it protects
The State is the sole named obligee and the only party with a right of action under the printed bond. The surety must pay an amount found due in the obligee's filed order without first requiring suit or collection against the principal. Aggregate liability is noncumulative across years and claims.

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.

Use the current form and the correct promoter application

The Commission's June 2025 forms page links the same prescribed undertaking for boxing and MMA, but supplies separate promoter applications. Both reviewed applications expire September 30 regardless of issuance date; that license date is not permission to invent a bond term or assume a new twelve months from purchase.

The bond names either a person seeking licensure or an existing license holder, with the license number where applicable. It sets a minimum rather than completing the penal sum for your request. Match the actual applicant, activity, Commission-selected sum and effective security requirements.

Cancellation requires a date at least 30 days after notice is mailed or otherwise delivered to the obligee. Earlier accrued liability and liability during that period remain. Changes, extensions or additional security do not release the surety under the printed conditions; the aggregate cap does not accumulate with each year.

Purchase Now opens Propeller. Match the State obligee, prescribed condition, actual promoter, sum and dates before applying. The current form expressly requires an attached power of attorney. Complete the proper licensing application, supporting ownership/history documents and separate event permit; use Call if the request differs.

Sources

Have these ready

  1. Identify the correct boxing or MMA promoter applicant and existing license number, if any.
  2. Confirm professional/pro-am activity and the prescribed sum at or above $10,000.
  3. Use the current State-obligee form with its license/event-permit condition.
  4. Prepare required ownership, organization, prior-license and background information.
  5. Complete principal/surety execution, attach the required power of attorney and follow current filing directions.

Questions about this bond

Can an individual contestant sue directly under this printed bond?

The form says no right of action accrues to anyone other than the named obligee, the State. It provides an obligee-order payment mechanism rather than the private claim-and-suit clause found in some other states' forms.

Does the bond limit multiply for every year it remains in force?

No. The form expressly makes liability noncumulative across years and claims, and revisions of the amount do not accumulate. Match the actual completed penal sum.

Does every MMA application request this bond?

The reviewed MMA application specifies the bond exhibit for professional or pro-am events. Confirm the actual activity and current Commission request instead of extending that instruction automatically to entirely amateur events.

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