5-228
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5-228. Persons required to procure licenses; requirements; background information; fee; bond A. All referees, judges, matchmakers, promoters, trainers, ring announcers, timekeepers, ringside physicians, boxers, boxers' managers and boxers' seconds are required to be licensed by the commission. The commission shall not permit any of these persons to participate in the holding of any boxing contest unless the person has first procured a license. B. Before participating in the holding of any boxing contest, a corporation, its officers and directors and any person holding twenty-five per cent or more of the ownership of the corporation shall obtain a license from the commission. Such a corporation must be authorized to do business under the laws of this state. C. The commission shall require referees, judges, matchmakers, promoters and boxers' managers to furnish fingerprints and background information pursuant to section 41-1750, subsection G before licensure. The commission shall charge a fee for fingerprints and background information in an amount determined by the commission. The commission may require referees, judges, matchmakers, promoters and boxers' managers to furnish fingerprints and background information pursuant to section 41-1750, subsection G before license renewal if the commission determines the fingerprints and background information are necessary. The fee may include a reasonable charge for expenses incurred by the commission or the department of public safety. For such purpose the commission and the department of public safety may enter into an intergovernmental agreement pursuant to title 11, chapter 7, article 3. The fee shall be credited pursuant to sections 35-148 and 41-1750. D. Before the commission issues a license to a promoter, matchmaker or corporation, the applicant shall: 1. Provide the commission with a copy of any agreement between any contestant and the applicant which binds the applicant to pay the contestant a certain fixed fee or percentage of the gate receipts. 2. Show on the application the owner or owners of the applicant entity and the per cent interest if they hold twenty-five per cent or more interest in the applicant. 3. Provide the commission with a copy of the latest financial statement of the entity. 4. Provide the commission with a copy of the insurance contract required by this chapter. E. Before the commission issues a license to a promoter, the applicant shall deposit with the department a cash bond or surety bond in an amount set by the commission. The bond shall be executed in favor of this state and shall be conditioned on the faithful performance by the promoter of the promoter's obligations pursuant to this chapter and the rules adopted pursuant to this chapter. F. Before the commission issues a license to a boxer, the applicant shall submit to the commission the results of a current medical examination on forms furnished or approved by the commission. The medical examination must include an ophthalmological examination. |