Alaska concert promoter bonds.
$100 flat.

No one may engage in the business of promoting concerts in Alaska without a promoter’s certificate of registration from DCCED, and AS 08.92.030 requires a $5,000 surety bond filed with the application. The bond guarantees ticket refunds within 10 days after a canceled concert. Ours is $100 flat for a term.

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Required for a concert promoter certificate of registration under AS 08.92.030

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Fixed price, fixed amount — $5,000 bond, $100, no quote process

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Backs refunds within 10 days after the scheduled date of a cancelled concert

A-ratedA.M. Best carriersInstantunderwriting processNo SSNin the application

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How it works

From application to registered promoter.

Tickets cannot go on sale in Alaska until your registration is issued, and the registration needs the bond. Here is the whole process:

NOW · ONLINE

Apply online

Your business name exactly as it appears on your registration application, any DBA, your entity type, address and contact details, and the effective date. That is the application — no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with DCCED

You receive the executed bond on DCCED Surety Bond form #08-4971 with Concert Promoter marked, signed by the surety with its power of attorney attached, ready to send with your Concert Promoter Registration Application #08-4075.

About this bond

What it is and who needs it.

What the concert promoter bond guarantees

AS 08.92.010 bars anyone from engaging in the business of promoting concerts in Alaska without a valid promoter’s certificate of registration from DCCED. A promoter is anyone who contracts for and arranges a concert for profit, full-time or part-time. A concert is a live, staged musical performance, comedy act or other specialty act with tickets sold in advance for profit — dramatic performances are not included (AS 08.92.090).

AS 08.92.030 requires the promoter to file a $5,000 surety bond or an equal cash deposit when applying for registration. The bond is conditioned on the promoter refunding tickets within 10 days after the scheduled date of a concert cancelled for any cause, and the state, on behalf of a ticket holder, or a ticket holder directly may sue on it. Tickets must carry the promoter’s name and business address and the statutory refund caption (AS 08.92.035). Under AS 08.92.060(b), keeping ticket receipts past the 10th day after a cancellation is presumed to be fraud against ticket purchasers.

The law does not reach every show. Under AS 08.92.070, it does not apply to concerts by a 501(c)(3) nonprofit or to concerts a promoter presents within a municipality of fewer than 10,000 people. As an alternative to the bond, a promoter may keep 50 percent of the advance ticket receipts for each concert in a bank, savings and loan or licensed escrow trust account. If a surety cancels the bond, AS 08.92.040(a) requires the registration to be revoked. It is not insurance for you — if the surety pays refunds, you repay it.

AS 08.92.030AS 08.92.030 requires a promoter of concerts, at the time of applying for a certificate of registration, to file with the Department of Commerce, Community, and Economic Development a surety bond or an equivalent cash deposit of $5,000. As an alternative, the promoter may deposit 50 percent of the advance ticket receipts for each concert in a trust account with a bank, savings and loan association or licensed escrow agent. The bond, deposit or account is conditioned on ticket refunds within 10 days after the scheduled date of a concert cancelled for any cause, and the state on behalf of a ticket holder, or a ticket holder directly, may bring an action on it. AS 08.92.010 requires the registration, AS 08.92.040(a) revokes it if the bonding company cancels the bond, and AS 08.92.070 exempts 501(c)(3) nonprofits and concerts presented within a municipality of fewer than 10,000 people.

You need this bond if you are

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A promoter booking ticketed concerts — music, comedy or specialty acts sold in advance for profit

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Registering for the first time with DCCED’s Concert Promoters program

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An out-of-state promoter bringing a tour to Anchorage, Fairbanks, Juneau or another city of 10,000 or more

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Re-registering after a revocation because a previous surety cancelled your bond

One application, issued instantly.

These are the actual issuing fields — no credit section, because this application doesn’t collect one.

Start the application →

FAQ

Common questions.

How much is the Alaska concert promoter bond?The premium is $100 flat — set by our carrier's rate book for this bond, not a percentage formula. The $5,000 bond amount is set by AS 08.92.030, so there is no quote process.

Do I pay the $5,000?No. You pay $100. The $5,000 is the surety's maximum liability on ticket refunds — not a deposit, and nobody holds your money.

Who sets the bond amount?The Legislature. AS 08.92.030 fixes it at $5,000 for every promoter, whatever the size or number of shows. Instead of the bond you may post an equal cash deposit, or keep 50 percent of each concert’s advance ticket receipts in a trust or escrow account.

Is there a credit check?The application collects no credit information at all. Most applications approve instantly.

Do I need it for every show?No. The bond backs your registration, not a single concert, and stays in force until DCCED ends the registration or the surety cancels it. Registrations run two years and expire December 31 of even-numbered years; at renewal DCCED asks for a continuation certificate or an ACORD 25. Concerts by 501(c)(3) nonprofits and shows in municipalities under 10,000 people are exempt.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Alaska bonds.

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$100 flat, no credit review, bond often issued in the same sitting. Free until issued.

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