Sports promoters in Utah are required to obtain a Utah sports promoter bond for at least $10,000, before a permit for an event will be granted. Get your sports promoter bond through AmeriPro Surety Bonds for as little as $200! 844-589-9732.

Utah Sports Promoter Bond | AmeriPro Surety Bonds | 844-589-9732

Utah Sports Promoters

Sports promoters in Utah --- specifically those who promote boxing, MMA, and/or kickboxing --- are governed by a serious of statutes known as the Pete Suazo Utah Athletic Commissions Act.

The Act defines the various participants in a combative sports event and also determines licensing requirements.

Becoming Licensed as a Sports Promoter In Utah

Applicants for new and renewal licensing as a Utah sports promoter will need to do all of the following to obtain licensing from the state (this list is not exhaustive):

• To show financial viability, applicants must submit a federal tax return for the immediate prior two years;
• Provide 5 character witnesses, excluding relatives, employers and employees, who have known you for 5 years or longer;
• Notify the Commission of any license revocations pending or current which has been given to you any jurisdiction (i.e. in the country);
• Notify the Commission of any prior criminal convictions in the last 10 years and ever;
• Complete an application for the sports promoter license;
• Include a $250 non-refundable application fee;
• Provide a resume of sorts by listing prior employment history.

Utah Sports Promoter Bond

When a licensed sports promoter intends to hold an event, he or she must first obtain a Utah sports promoter surety bond and have the bond filed with the Commission.

Utah Sports Promoter Bond: Amount

The amount of the Utah sports promoter bond will be the greater of

$10,000.00

OR

The total from the commission fees, real and estimated, and the contestant purses.

According to the same rule, if a promoter has held less than 5 unarmed events in Utah, the promoter must provide an additional $10,000 cashier’s check to the Commission within 7 days of the event, or it may otherwise be canceled.

Utah Sports Promoter Bond: Premium

The premium of the Utah sports promoter bond will determined by

• The amount of the surety bond required;
• The applicant’s credit scoring.

A $10,000 Utah sports promoter bond may be as little as only $200; however, again, the premium will be determined by a credit check.

AmeriPro Surety Bonds

AmeriPro Surety Bonds is a surety bonds-only agency which provides the Utah sports promoter bond, license and permit bonds, court, and fiduciary surety bonds throughout the great state of Utah.

As a surety bond only agency, we also have access to thousands of surety bonds, providing them for customers in all 50 states.

Please call us today at 844-589-9732.