Brief Summary
Florida will not license a talent agency until a $5,000 surety bond is on file with the Department of Business and Professional Regulation. The figure is set by statute and does not change with the size of your roster, and DBPR asks for proof of a current bond at every renewal, so one bond kept in force covers the license for as long as you hold it.
Section 468.408, Florida Statutes, requires a licensed talent agency to file a $5,000 surety bond with the Department of Business and Professional Regulation, written by a surety the department approves. The bond is conditioned on the agency following Part VII of Chapter 468, and anyone harmed by a violation can sue on it in their own name. A person who acts only for herself or himself, a family member, or exclusively for one artist does not need a talent agency license.
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Detailed Information About the Florida Talent Agency ($5,000) Bond:
The exemption is narrower than most managers think
Plenty of managers and bookers assume they are too small to need a license. Florida Statutes 468.403 excuses only a person who acts as an agent for herself or himself, a family member, or exclusively for one artist. Take on a second artist outside those categories and you need a talent agency license, and the license requires the bond.
What the statute requires
Under Florida Statutes 468.408, a talent agency files with the department a bond in the penal sum of $5,000, with one or more sureties approved by the department. The statute sets one flat figure with no tiers. The bond is conditioned on the agency conforming to and not violating the duties, terms, conditions and requirements of Part VII of Chapter 468.
Who can claim on it
A person harmed by the agency's violation may bring an action on the bond in their own name in any court with jurisdiction, and the claim can be assigned to someone else. The surety must notify the department of claims made against the bond, with notice to the agency. The statute also says these remedies are not exclusive of any other remedy, so an artist is not limited to the $5,000 when pursuing the agency itself.
Applying and renewing
The DBPR initial licensure checklist asks for proof of at least one year of experience, fingerprints taken through an FDLE LiveScan service provider, the $5,000 bond from a company licensed to write bonds in Florida, an itemized schedule of maximum fees and commissions, and corporate registration where it applies. Section 468.403 sets a nonrefundable application fee of no more than $300 plus the actual cost of fingerprint analysis. Talent agency licenses expire May 31 of even-numbered years, and at renewal DBPR asks for a copy of the current bond or a continuation rider.