Skip to content

Texas bonds

Texas — Combative Sports Promoter Bond

Texas's professional-promoter instructions require two $15,000 bonds: one for event obligations excluding gross-receipts taxes, and another for those taxes. Do not assume one purchase supplies both instruments.

Continue to our secure checkout partner, Propeller (opens in a new tab).

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

What this bond does

TDLR separates event-obligation security from tax security. Its posted Combative Sports Promoter Bond names the State of Texas and describes damages, restitution of expenses and reasonable attorney's fees resulting from the promoter's operation under Chapter 2052.

Who needs it
The actual professional combative-sports promoter applying to TDLR. Amateur association registration is a different process; match the applicant and requested undertaking rather than treating the general sports label as permission for either role.
Who it protects
The posted form allows a person injured or aggrieved by a covered violation of the principal or representatives to sue on the bond. It permits successive recovery but caps aggregate liability at the face value. TDLR's separate tax-security requirement is not erased by that remedy.

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.

Identify each required bond before applying

TDLR expressly calls for two bonds of $15,000 each, with different secured obligations. Confirm which undertaking an application will issue and what remains to be filed. A single record or a combined dollar total is not proof that both required instruments have been accepted.

The posted form provides 30 days' written cancellation notice to TDLR and preserves earlier defaults. The licensing page describes four years of effectiveness after cancellation; the form describes maintenance for four years after the principal ceases to be licensed. Obtain current TDLR maintenance directions for the accepted instrument rather than treating those triggers as interchangeable or selecting a new four-year term.

Section 2052.109 also requires annual filing of a new bond. The form's continuing wording is not a waiver of that filing obligation. Licensing, first-time or qualifying returning-promoter orientation, event approval and required insurance remain separate tasks.

Purchase Now opens Propeller for this recorded offering. Match the actual promoter, State obligee, requested event or tax condition, each required sum, dates and execution before applying. The posted form includes corporate president/secretary signatures and a sworn bonding-company affidavit where applicable. Use Call if you need both instruments or a different accepted condition.

Sources

Have these ready

  1. Obtain TDLR's current professional-promoter request identifying both secured obligations.
  2. Confirm which instrument the application issues and which additional filing is still needed.
  3. Match the State obligee, actual applicant, each $15,000 request and effective dates.
  4. Confirm annual filing and current cancellation/continued-maintenance directions.
  5. Prepare applicable corporate signatures and bonding-company affidavit, then complete licensing, orientation and event requirements.

Questions about this bond

Is one $15,000 bond enough for both obligations?

TDLR's instructions call for two bonds, separating event obligations from gross-receipts taxes. Confirm the instruments issued and accepted; one purchase or a combined total does not establish both filings.

Does the four-year language create a four-year purchase option?

No. It concerns continued maintenance after a specified trigger. The posted page and form use different triggers, so obtain current TDLR directions for the accepted undertaking.

Does continuing bond wording remove annual filing?

Section 2052.109 expressly requires a new bond filed annually. Follow current TDLR filing instructions rather than assuming a continuing document alone completes the annual requirement.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us