A Georgia Promoter’s License Bond, also sometimes called a Performance Bond, is a a type of surety bond required by the Georgia Athletic and Entertainment Commission (GAEC) for individuals or businesses promoting boxing, mixed martial arts (MMA), and other combative sports events. It is a $10,000 surety bond. The cost of the surety bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150. Surety1 will shop its many markets to procure the right price at the right terms.
How to get a Georgia Promoter’s License Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Georgia Surety Bond for Promoter’s License will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
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How to Get a Promotors License in Georgia
Getting a Georgia Promoter’s License involves several steps overseen by the Georgia Athletic and Entertainment Commission (GAEC). Here’s a breakdown of the process:
- Review Event Type:
- First, confirm that your event falls under the category requiring a promoter’s license. This typically applies to professional boxing, mixed martial arts (MMA), and other combative sports events.
- Application and Fees:
- Obtain and complete the application for a promoter’s license from the GAEC. You can likely find this on their website or by contacting them directly. (https://sos.ga.gov/georgia-athletic-and-entertainment-commission)
- Prepare a cashier’s check or money order for the non-refundable application fee of $150.00 made payable to the GAEC.
- Promoter’s License Bond:
- Secure a $10,000 Georgia Promoter’s License Bond (also called a Performance Bond) from Surety1.com
- Additional Requirements:
- The GAEC may have additional requirements depending on the specific event. These could include:
- Proof of event liability insurance
- Venue contracts
- Detailed event plans
- The GAEC may have additional requirements depending on the specific event. These could include:
- Submission and Processing:
- Submit the completed application, application fee, bond paperwork, and any additional requested documents to the GAEC for processing.
- Approval:
- Once your application is reviewed and approved, you will receive your official Georgia Promoter’s License from the GAEC.
Additional Tips:
- Allow sufficient processing time before your event, as licensing can take several weeks.
- Contact the GAEC directly at (404) 656-3990 for any clarifications or updates on the specific requirements for your event.
- Explore the GAEC website and rules for promoters (https://sos.ga.gov/georgia-athletic-and-entertainment-commission) for more detailed information.
The information provided above is for general informational purposes only and does not constitute legal advice. Do not rely solely on the information presented here as a substitute for professional legal counsel.
How to Get Your Georgia Promoter’s License Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.