In the state of Arkansas, there was a new law introduced concerning “combative sports” events. Labeled HB 1785, it modifies the law for professional, semi-professional and amateur wrestling, boxing, kick boxing, or martial arts matches, reclassifying them as “combative sports” matches. In regards to the surety bond requirements for match promoters, HB 1785 approves the State Athletic Commission to boost the surety bond amount called for by regulation. The present law requires a surety bond in the amount of $1,000.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.