5-228

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.