[§440E-21]  Financial interest in mixed
martial arts contestant prohibited.  [Section effective July 1, 2009.  L
2007, c 279, §5.]  (a)  The director shall not receive any compensation
from any person who sanctions, arranges, promotes, conducts, holds, or gives
mixed martial arts contests; nor shall the director have, either directly or
indirectly, any financial interest in any contestant competing in any mixed
martial arts contest.



(b)  For the purposes of this section,
"compensation" shall not include funds held in escrow for payment to
another person in connection with a mixed martial arts contest.  The
prohibition set forth in this section shall not apply to any contract entered
into, or any reasonable compensation received, by the director to supervise a
mixed martial arts contest in this State or another state. [L 2007, c 279, pt
of §1]