The Oregon Boxing/Wrestling Bond is required by the Oregon Department of State Police, State Athletic Commission. This surety bond is required in Unarmed Combat Sports or Entertainment Wrestling events to guarantee that the Promoter will follow all laws and regulations set forth by the state agency.
No person can act as a promoter until they have been licensed. The Boxing/Wrestling bond is one of the licensing requirements.
What is the purpose of the Oregon Boxing/Wrestling Bond?
For the privilege of engaging in Unarmed Combat Sports or Entertainment Wrestling, a tax is imposed upon the gross receipts from the sale of tickets or other fees charged for admission. The amount of the tax is six percent of the total gross receipts, not to exceed $50,000 per event.
What are other licensing requirements to become a Promoter?
Applicants must submit a completed application form and pay the license fee. In addition, they must submit an affidavit stating that the health and safety of the participants is the responsibility of the Promoter.
How do I get an Oregon Boxing/Wrestling Bond?
At Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and choose your shipping options. You may choose to have your Oregon Boxing/Wrestling Bond mailed through USPS Priority Mail or overnight delivery.
Surety Solutions Insurance Service, Inc. (Surety1) has been in the business since 2003 and we pride ourselves on our quality service, as evidenced by our A+ rating from the Better Business Bureau. Contact us today and talk to our licensed agents who are always ready to help.
Call us toll free at 877-654-2327. We have live surety bond agents available Monday – Friday, 8:00 – 4:30 PST. We’re glad to help.