South Carolina Promoters License Bond ($10,000) The SC Promoter’s License Surety Bond ($10k) is required by the South Carolina Athletic Commission. (Obligee) It ensures promoters of certain combative sporting events, private or public, such as but not limited to mixed martial arts, wrestling, kickboxing, boxing or any other form of mixed martial arts, meet associated payment and performance obligations. The financial guarantee from the bond provides athletes an additional sense of security when they decide to work alongside a promoter. It guarantees that the licensee (Principal) will faithfully comply with the law and execute their contractual obligations. If a promoter should fail to meet the expectations outlined in a sports promoter bond, the obligee can make a claim on the bond to recover losses or collect penalties.