http://www.jwsuretybonds.com/blog General to specific surety bond information, as well as current events within the industry. Wed, 08 Feb 2012 13:32:48 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.jwsuretybonds.com/blog/kentucky-sports-promoter-bonds-update http://www.jwsuretybonds.com/blog/kentucky-sports-promoter-bonds-update#comments Sun, 13 Dec 2009 18:44:44 +0000 Eric Weisbrot http://www.jwsuretybonds.com/blog/?p=1152 A new law in Kentucky, introduced on 04/11/2008, is related to sports promoter bonds. The new law, HB 684, demands promoters of kickboxing and mixed martial arts events to abide by the same surety bond requirements under present law for wrestling and boxing match promoters managing such events. The surety bond must be $5,000 and is conditioned on the payment of taxes. The surety bond also must assure payment of any penalties and fees under the new law.

]]> http://www.jwsuretybonds.com/blog/kentucky-sports-promoter-bonds-update/feed 1 http://www.jwsuretybonds.com/blog/tennessee-sports-promoter-bond http://www.jwsuretybonds.com/blog/tennessee-sports-promoter-bond#comments Thu, 17 Sep 2009 17:36:37 +0000 Eric Weisbrot http://www.jwsuretybonds.com/blog/?p=825 On 06/13/2008, a new sports promoter law was enacted named HB 2633. The new Tennessee law requires mixed martial arts, boxing, and kickboxing contest promoters to post a license bond in the amount of $25,000. The bond must be from a surety licensed in the state. As an alternative for posting a surety bond, cash or other securities are also acceptable.

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