Kentucky Statutes 229.035 – Promoter license requirement — Approval of show dates — Bond
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(1) No person shall conduct or advertise a show without a promoter license issued by the commission to conduct the show. Show dates shall be approved as determined through the promulgation of an administrative regulation.
(2) Any person applying for a promoter license shall file with the commission a bond in the sum of ten thousand dollars ($10,000), to be approved as to form and the sufficiency of the sureties by the commission, conditioned for the payment of:
(a) Taxes; (b) Fines;
(c) Fees imposed by the commission;
(d) Purses and money owed to contestants; and
(e) Money owed to judges, physicians, referees, timekeepers, or other contracted event service providers.
(3) If the promoter’s bond expires or is cancelled, the commission shall immediately terminate that promoter’s license.
Effective: June 29, 2017
History: Created 2017 Ky. Acts ch. 70, sec. 2, effective June 29, 2017.
(2) Any person applying for a promoter license shall file with the commission a bond in the sum of ten thousand dollars ($10,000), to be approved as to form and the sufficiency of the sureties by the commission, conditioned for the payment of:
Terms Used In Kentucky Statutes 229.035
- Advertise: means the use of handbills, placards, posters, billboards, pictures, printed or written material or newspapers or other publications, or radio, television, Internet, and other communication media. See Kentucky Statutes 229.011
- Commission: means the Kentucky Boxing and Wrestling Commission. See Kentucky Statutes 229.011
- Person: means an individual, partnership, corporation, association, or club. See Kentucky Statutes 229.011
- Show: means any boxing, kickboxing, mixed martial arts, muay thai, or wrestling match, contest, or exhibition coming under the jurisdiction of the Kentucky Boxing and Wrestling Commission. See Kentucky Statutes 229.011
(a) Taxes; (b) Fines;
(c) Fees imposed by the commission;
(d) Purses and money owed to contestants; and
(e) Money owed to judges, physicians, referees, timekeepers, or other contracted event service providers.
(3) If the promoter’s bond expires or is cancelled, the commission shall immediately terminate that promoter’s license.
Effective: June 29, 2017
History: Created 2017 Ky. Acts ch. 70, sec. 2, effective June 29, 2017.