§ 41-5-3.2 - License issued only to ring equipment owner.
SECTION 41-5-3.2
§ 41-5-3.2 License issued only to ringequipment owner. – No license shall be issued by the division of racing and athletics under §41-5-1 to an applicant unless the applicant is the sole owner of the ringequipment to be used in the conduct of the boxing or sparring match orexhibition for which the license is sought. The division shall require thatsatisfactory proof of ownership accompany each application. Sole ownershipincludes any lease or rental agreement under which the applicant enjoys controland custody of the ring equipment substantially equivalent to that of a soleowner.