Many states have adopted more or less uniform laws for athlete agents. Most now require surety bonds. The athlete agent surety bond ordinarily guarantees the payment of all sums due a person at the time the sums are due, and the payment of damages suffered by any person as a result of misstatements, misrepresentations, fraud, deceit or unlawful or negligent acts of the athlete agent. The surety bond may also be conditioned upon the athlete agent’s compliance with administrative rules such as record keeping and report filing. Surety One, Inc., will issue these for legitimate applicants regardless of credit condition. Visit us at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.org.
