North Carolina Boxing and MMA Promoter Bonds
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What Is a North Carolina Boxing and MMA Promoter Bond?
North Carolina boxing and MMA promoter bonds are license surety bonds that hold promoters liable for following all rules and regulations established by the North Carolina Boxing Commission. They protect the state by ensuring that promoters:
- Pay all taxes owed to the state
- Compensate all participants involved in sporting events
- Act according to the Boxing Commission guidelines
If an MMA promoter breaks these bond terms, harmed parties can file a claim for compensation from the surety.
Who Needs a Boxing and MMA Promoter Bond in North Carolina?
Boxing and mixed martial arts (MMA) promoters in North Carolina are required to file a $10,000 surety bond in order to be licensed with the Boxing and Combat Sports Commission (NCBCSS). A promoter refers to any individual or corporation that produces, arranges, stages or holds any match in North Carolina involving a professional participant.
There are two bond forms: one for individual promoters and one for companies. Both surety bonds ensure that all combative sports matches are conducted according to the provisions outlined in North Carolina General Assembly § 143, Article 68.
How Much Do North Carolina Boxing and MMA Promoter Bonds Cost?
$10,000 North Carolina boxing and MMA promoter bonds start as low as $100 for applicants with strong credit. Rates typically vary between 1–10% of the bond amount based on credit score. Select your bond below to get a free quote within one business day or less.
SuretyBonds.com does not charge any additional service fees.
How Does a North Carolina Boxing and MMA Promoter Bond Work?
By posting a boxing/MMA promoter bond, the promoter agrees to follow all laws, rules and regulations. The bond contract legally binds three parties:
- Principal: The promoter or company upholding the bond obligation
- Obligee: The government department requiring the bond
- Surety: The company backing the bond obligation
If the general public or the state suffers financial loss or other harm as a result of the principal’s actions, the surety bond offers protection up to the sum of the bond. Although the surety will initially cover the damages, the bonded promoter is ultimately responsible for repaying all claims.
How Do I Get a Boxing and MMA Promoter Bond in North Carolina?
Submit an online request form today to get your North Carolina MMA promoter bond. We’ll provide an instant quote based on your credit score. You can checkout online or over the phone at your convenience.
Once your order is processed, we’ll mail your official bond documentation to file with the obligee. If you’re in a rush, select overnight shipping at checkout.
How to Become an MMA/Boxing Promoter in North Carolina?
To become a licensed MMA and boxing promoter in North Carolina, complete the following steps:
- Surety Bond: Purchase a $10,000 surety bond or provide cash collateral for the same value.
- Background Check: Pass a criminal background check.
- Application: Mail your application and the $450 application fee to the NCBCSC at the address below.
- Permit: Apply for a permit for each fight you plan to promote.
NC Boxing and Combat Sports Commission
P.O. Box 29500
Raleigh, NC 27626
Renew your license and bond annually to maintain your active licensure.
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