South Carolina Boxing and MMA Promoter Bonds
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What Is a South Carolina Boxing and MMA Promoter Bond?
South Carolina boxing and MMA promoter bonds hold promoters liable for following all rules and regulations established by the South Carolina Boxing Commission and Title 40 Chapter 81 of the South Carolina Code of Laws. They protect the state by ensuring that promoters:
- Run combative sports matches according to the Commission’s guidelines
- Pay taxes and penalties owed to the state
- Compensate all participants and officials properly
If a sports 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 South Carolina?
All boxing and mixed martial arts (MMA) promoters in South Carolina are required to file a $10,000 Boxing, Wrestling and MMA Promoter Bond to be licensed with the State Athletic Commission. A promoter refers to any individual or corporation that produces, arranges, stages, holds, or gives any match in South Carolina involving a professional participant.
South Carolina promoters also need to purchase either an accident policy and medical insurance policy or a $10,000 Promoter Medical and Death Benefits Bond. The bond is a guarantee that the promoter can cover medical bills for any injuries incurred during the contest and/or pay $10,000 to the athlete’s heirs in the event of death.
Finally, promoters must post a Total Purse and Fee Bond or certified check at least 15 days before each scheduled event. The bond amount must cover the total purse plus the salary of all officials, including the physician.
How Much Do South Carolina Boxing and MMA Promoter Bonds Cost?
$10,000 South Carolina boxing and MMA promoter bonds start as low as $100 for applicants with strong credit. Rates vary between 1–10% of the total bond coverage based on credit score and the bond type. Select your bond below to get a free quote within one business day.
SuretyBonds.com does not charge any additional service fees.
How Does a South Carolina Boxing and MMA Promoter Bond Work?
By posting a boxing/MMA promoter bond, a South Carolina promoter promises 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 contest participants or the obligee suffer financial losses 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 South Carolina?
Submit an online request form today to get your South Carolina MMA promoter bond(s). We’ll provide a personalized quote based on your credit score. Then, 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, you can select overnight shipping at checkout.
How to Become an MMA/Boxing Promoter in South Carolina?
To become a licensed MMA and boxing promoter with the South Carolina State Athletic Commission, compile the following materials:
- Notarized Application Form
- $150 Application Fee, made payable to the SC State Athletic Commission
- Copy of Driver's License, State Issued ID or Passport
- Copy of Social Security Card
- Promoter’s Guideline Addendum
- Statewide Criminal Background Check
After gathering everything, apply online or mail your application packet to the address below.
South Carolina State Athletic Commission
110 Centerview Dr.
Columbia, SC, 29210
803-896-4571
Renew your license and bond annually to maintain your licensure.
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