Form A511-41EVBOND "Event Surety Bond Form - Boxing, Martial Arts, and Professional Wrestling Program" - Virginia

What Is Form A511-41EVBOND?

This is a legal form that was released by the Virginia Department of Professional and Occupational Regulation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on December 28, 2015;
  • The latest edition provided by the Virginia Department of Professional and Occupational Regulation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form A511-41EVBOND by clicking the link below or browse more documents and templates provided by the Virginia Department of Professional and Occupational Regulation.

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Download Form A511-41EVBOND "Event Surety Bond Form - Boxing, Martial Arts, and Professional Wrestling Program" - Virginia

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Commonwealth of Virginia
Department of Professional and Occupational Regulation
9960 Mayland Drive, Suite 400
Richmond, Virginia 23233-1485
(804) 367-0186
www.dpor.virginia.gov
Boxing, Martial Arts, and Professional Wrestling Program
EVENT SURETY BOND FORM
This bond must be equal to the sum of the 1) total gate fee if all seats to the event are sold and
2) total amount due to all boxers and wrestlers for their appearance in the event.
THE TOTAL AMOUNT OF THIS BOND SHALL NOT EXCEED $100,000.
Bond Number
Expiration Date
KNOW ALL MEN BY THESE PRESENTS THAT:
located at
Name of Principal (Promoter)
as Principal or Principals jointly and severally,
and
, a corporation of
Name of Bond Company
,as surety are held and firmly bound unto
the Commonwealth of Virginia in the full sum of
, but not to exceed One Hundred Thousand Dollars
Amount of Bond
($100,000) for which sum well and truly paid, said Principal(s) and bind themselves, their heirs, executors, administrators,
successors and assignees jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH that whereas, the Principal(s) have requested licensure from the Virginia
Department of Professional and Occupational Regulation through their agent pursuant to Virginia Code § 54.1-829 for the
purpose of engaging in the business of conducting a boxing or wrestling event, as defined in Virginia Code § 54.1-828 within
the Commonwealth of Virginia;
NOW, THEREFORE, if the Principal(s) shall, during the period that this license is in effect, faithfully observe and honestly
comply with the provisions of Title 54.1, Chapter 8.1, Code of Virginia (1950), as amended, regulations for boxing and
wrestling; and if the Principal(s) shall pay all damages occasioned to any person by reason of any misstatement,
misrepresentation, fraud, or deceit of the Principal(s) or their agents or employees, then this obligation shall become void;
otherwise it shall remain in force and effect; provided, however, that this Bond is issued subject to the following conditions and
privileges:
1.
(a) The surety shall have the right to cancel this bond at any time by written notice to the Department of Professional and
Occupational Regulation, at 9960 Mayland Drive, Richmond, Virginia 23233-1485, to their agent, and to each Principal at the
address given above.
(b) The written notice shall state the effective date of the cancellation, and shall be personally served or sent by registered mail,
return receipt requested.
(c)
The notice shall be served upon or received by the Department of Professional and Occupational Regulation, their agent, and
the Principal(s) at least 60 days prior to the effective date of the cancellation.
2.
(a) Should the notice of cancellation not be received by the Department, their agent, and the Principal(s) at least 60 days prior to
the effective date of cancellation, the cancellation shall become effective 60 days from the date of receipt by the Department,
their agent, and the Principal(s).
(b) Should the notice be received on different dates by the parties to this bond, the date of receipt by the Department of
Professional and Occupational Regulation, as documented by the Postal Service, shall control the state of cancellation.
3.
(a)
This bond shall remain in full force and effect until cancelled as provided above.
(b)
It is expressly agreed and understood that the surety shall remain fully liable and default of breach under the terms of this Bond
occurring at any time prior to the expiration of the Bond.
A511-41EVBOND-v2
Virginia Boxing, Martial Arts, and Professional Wrestling Program/EVENT SURETY BOND FORM
12/28/2015
Page 1 of 3
Commonwealth of Virginia
Department of Professional and Occupational Regulation
9960 Mayland Drive, Suite 400
Richmond, Virginia 23233-1485
(804) 367-0186
www.dpor.virginia.gov
Boxing, Martial Arts, and Professional Wrestling Program
EVENT SURETY BOND FORM
This bond must be equal to the sum of the 1) total gate fee if all seats to the event are sold and
2) total amount due to all boxers and wrestlers for their appearance in the event.
THE TOTAL AMOUNT OF THIS BOND SHALL NOT EXCEED $100,000.
Bond Number
Expiration Date
KNOW ALL MEN BY THESE PRESENTS THAT:
located at
Name of Principal (Promoter)
as Principal or Principals jointly and severally,
and
, a corporation of
Name of Bond Company
,as surety are held and firmly bound unto
the Commonwealth of Virginia in the full sum of
, but not to exceed One Hundred Thousand Dollars
Amount of Bond
($100,000) for which sum well and truly paid, said Principal(s) and bind themselves, their heirs, executors, administrators,
successors and assignees jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH that whereas, the Principal(s) have requested licensure from the Virginia
Department of Professional and Occupational Regulation through their agent pursuant to Virginia Code § 54.1-829 for the
purpose of engaging in the business of conducting a boxing or wrestling event, as defined in Virginia Code § 54.1-828 within
the Commonwealth of Virginia;
NOW, THEREFORE, if the Principal(s) shall, during the period that this license is in effect, faithfully observe and honestly
comply with the provisions of Title 54.1, Chapter 8.1, Code of Virginia (1950), as amended, regulations for boxing and
wrestling; and if the Principal(s) shall pay all damages occasioned to any person by reason of any misstatement,
misrepresentation, fraud, or deceit of the Principal(s) or their agents or employees, then this obligation shall become void;
otherwise it shall remain in force and effect; provided, however, that this Bond is issued subject to the following conditions and
privileges:
1.
(a) The surety shall have the right to cancel this bond at any time by written notice to the Department of Professional and
Occupational Regulation, at 9960 Mayland Drive, Richmond, Virginia 23233-1485, to their agent, and to each Principal at the
address given above.
(b) The written notice shall state the effective date of the cancellation, and shall be personally served or sent by registered mail,
return receipt requested.
(c)
The notice shall be served upon or received by the Department of Professional and Occupational Regulation, their agent, and
the Principal(s) at least 60 days prior to the effective date of the cancellation.
2.
(a) Should the notice of cancellation not be received by the Department, their agent, and the Principal(s) at least 60 days prior to
the effective date of cancellation, the cancellation shall become effective 60 days from the date of receipt by the Department,
their agent, and the Principal(s).
(b) Should the notice be received on different dates by the parties to this bond, the date of receipt by the Department of
Professional and Occupational Regulation, as documented by the Postal Service, shall control the state of cancellation.
3.
(a)
This bond shall remain in full force and effect until cancelled as provided above.
(b)
It is expressly agreed and understood that the surety shall remain fully liable and default of breach under the terms of this Bond
occurring at any time prior to the expiration of the Bond.
A511-41EVBOND-v2
Virginia Boxing, Martial Arts, and Professional Wrestling Program/EVENT SURETY BOND FORM
12/28/2015
Page 1 of 3
4.
Any person aggrieved by any act of the Principal(s) in violation of the provisions of Title 54.1, Chapter 8.1, Code of Virginia (1950),
as amended, may proceed against the Principal(s), or Surety, or both, to recover damages not in excess of the penalty of the bond.
5. In no event shall the Surety be liable for damages greater than the sum of this Bond.
IN WITNESS THEREOF, the Principal(s) have hereunder affixed their signature(s) and seal, and the Surety has caused this
document to be executed by:
and is duly authorized Attorney-in-Fact, this
day of
,
.
Principal
(SEAL)
BY:
Individual Principal
Title
Corporate Surety
(SEAL)
BY:
Attorney-in-Fact
Title
A511-41EVBOND-v2
Virginia Boxing, Martial Arts, and Professional Wrestling Program/EVENT SURETY BOND FORM
12/28/2015
Page 2 of 3
AFFIDAVIT AND ACKNOWLEDGEMENT OF SURETY
STATE OF
CITY OR COUNTY OF
I,
a Notary Public in and for the
aforesaid, in the State aforesaid, do certify that
aforesaid and made oath that he is
personally appeared before me in my
of the
that he is duly authorized to execure the foregoing bond by virtue of a certain power of attorney of said company, dated
, and recorded in the Clerk's office of the
has not been revoked; that the said company has complied with all requirement of lay regulating the admission of such
companies to transact business in the State of Virginia; that said company is solvent and fully able to meet promptly all
of its obligations, and the said
thereupon, in the name and on behalf of the
the said company, acknowledge and foregoing writing as its act and deed.
Subscribed and sworn before me this
, day of
, 20
.
My commission expires the
, day of
, 20
.
Affix official seal here.
Signature of Notary Public
ACKNOWLEDGEMENT OF PRINCIPAL
STATE OF
CITY OR COUNTY OF
I,
a Notary Public in and for the
do certify that
who name(s) is/are signed to the above bond,
dated the
, day of
,
personally appeared before me at
and acknowledged same.
Subscribed and sworn before me this
, day of
, 20
.
My commission expires the
, day of
, 20
.
Affix official seal here.
Signature of Notary Public
A511-41EVBOND-v2
Virginia Boxing, Martial Arts, and Professional Wrestling Program/EVENT SURETY BOND FORM
12/28/2015
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