Oklahoma Athlete Agent Bonds

An Athlete Agent Bond is a type of surety bond required in Oklahoma for those having made application for a registration for the purpose of acting as an Athlete Agent in the state of Oklahoma. The Athlete Agent Surety Bond is typically required in a coverage amount of $50,000. The surety bond ensures full compliance with the Uniform Athlete Agents Act, 70 O.S. §821.81, et seq., payment of all money due to third parties as it pertains to the athlete agents business activities, and reimbursements to any persons of money owed due to misstatements, misrepresentation, fraud, deceit or unlawful or negligent acts or omissions by the athlete agent, his or her employees or authorized representatives.