If you are engaged as a Promoter of Boxing, MMA and Wrestling events in the State of Vermont, the Vermont Office of Professional Regulation requires that you execute a Vermont Promoters License Bond in the amount of $5,000 to ensure compliance with the provisions of licensure as set forth by the State.
Bonds Express offers a Vermont Promoters License Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Vermont Promoters License Bond holds you accountable for your business decisions.
By possessing a Vermont Promoters License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.