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OHIO ATHLETIC COMMISSION Surety Bond for Treasurer State of Ohio ($2500) E The purpose of this Surety Bond is to insure the payment of tax revenue necessary for the proper functioning of any public
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How to fill out ohio boxing promoter bond

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How to Fill Out Ohio Boxing Promoter Bond:

01
Obtain the necessary paperwork: Begin by contacting the Ohio Athletic Commission (OAC) to request the Ohio Boxing Promoter Bond form. The OAC is responsible for regulating and overseeing boxing events in the state.
02
Provide accurate information: Fill out the Ohio Boxing Promoter Bond form with accurate and up-to-date information. This includes the promoter's name, address, contact details, and any other relevant information specified in the form.
03
Determine the bond amount: The bond amount required may vary depending on the specific event and the type of promoter. Contact the Ohio Athletic Commission to determine the exact bond amount required for your situation.
04
Secure a surety bond: To fulfill the bond requirement, you will need to secure a surety bond. A surety bond is a contract between three parties: the principal (the promoter), the obligee (the Ohio Athletic Commission), and the surety (the bonding company). The surety bond provides financial protection in case the promoter fails to fulfill their obligations.
05
Complete the surety bond form: Work with a reputable surety bonding company to obtain the necessary surety bond. The bonding company will provide you with a bond application form that needs to be completed accurately. This may include providing personal and financial information.
06
Submit the bond form and payment: Once the surety bond form is completed, submit it along with any required payment to the bonding company. They will review the application and process the bond.
07
Receive the bond and file it with the OAC: Once the bond is approved and issued by the bonding company, you will receive the original bond document. File this document with the Ohio Athletic Commission as proof of compliance with the Ohio Boxing Promoter Bond requirement.

Who Needs Ohio Boxing Promoter Bond:

01
Professional boxing promoters in the state of Ohio are required to obtain the Ohio Boxing Promoter Bond. This includes individuals or organizations involved in organizing, promoting, or conducting professional boxing events within the state.
02
The bond serves as a financial guarantee to protect the interests of participants, boxers, and other parties involved in the event. It ensures that the promoter will fulfill their responsibilities, including paying fees, expenses, and purses as agreed upon.
03
The Ohio Athletic Commission requires the bond to be in place before issuing a promoter license, allowing promoters to conduct boxing events legally within the state.
04
It is important to note that the specific requirements, bond amounts, and other details may vary based on the circumstances and the discretion of the Ohio Athletic Commission. Therefore, it is always advisable to contact the OAC directly for the most accurate and up-to-date information.
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Ohio boxing promoter bond is a type of surety bond required by the state of Ohio for individuals or businesses who promote boxing events.
Boxing promoters in Ohio are required to file the Ohio boxing promoter bond.
To fill out the Ohio boxing promoter bond, you will need to contact a surety bond provider and provide the necessary information for the application.
The purpose of the Ohio boxing promoter bond is to ensure that the promoter will comply with all state regulations and fulfill any financial obligations related to the boxing events.
The Ohio boxing promoter bond typically requires information such as the promoter's name, business address, and the amount of the bond.
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