Nevada — State Athletic Commission Promoter's License And Refund Bond
Nevada's posted Promoter's License and Refund Bond names the People of the State of Nevada and prints $10,000. Its refund protection concerns ticket purchasers when an advertised contest is postponed or cancelled, not a return of security to the promoter.
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- Recorded state
- Nevada
- Bond type
- Boxing / MMA Promoter Bond
- Category
- Entertainment, sports & recreation
- Local scope
- Authority
What this bond does
The undertaking secures Chapter 467/rule compliance and imposed fees, with express ticket-redemption obligations. NRS 467.080 lets the Commission set security at no less than $10,000 and require additional money where the bond is inadequate; the printed form is not a universal maximum requirement.
- Who needs it
- The actual unarmed-combat promoter responding to the Commission's licensing/security request. Section 467.080 exempts amateur athletic clubs from its bond and additional-deposit subsections; do not convert that into an exemption for every amateur promoter.
- Who it protects
- A person, firm or corporation with a covered injury may sue in its own name; the State's action is not barred. The Commission may enforce the undertaking for protected persons. The posted instrument caps total aggregate liability at $10,000.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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
- Nevada Commission: promoter's license and refund bond (opens in a new tab)Checked October 26, 2026
- Nevada NRS 467.080: Commission-set security and exception (opens in a new tab)Checked October 26, 2026
Have these ready
- Obtain the Commission's actual required sum and accepted license/refund undertaking.
- Match the promoter and People-of-the-State obligee wording.
- Prepare ticket records showing the event date, club and face value, plus any required refund records.
- Confirm effective/renewal dates and the registered-mail notice requirements.
- Arrange current accepted execution and any additional Commission security or event filings.
Questions about this bond
Does refund mean the promoter receives the bond amount back?
The express refund clauses concern ticket purchasers after postponement or cancellation. Any separate Commission money deposit is a different security arrangement, not what this title promises to return.
Must the Commission always accept only $10,000?
No. NRS 467.080 sets a Commission-determined amount of at least $10,000 and allows an additional money deposit if inadequate. Match the actual request; the posted form's cap does not satisfy every larger requirement.
Does the surety pay every purchaser directly within fifteen days?
The printed clause addresses payment to the Commission within 15 days after the advertised contest when the promoter fails the stated refund duty. Do not replace that mechanism with an unprinted direct-payment promise.