229.035 Promoter license requirement -- Approval of show dates -- Bond. (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 comm ission; (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 t hat promoter's license. Effective: June 29, 2017 History: Created 2017 Ky. Acts ch. 70, sec. 2, effective June 29, 2017.
Kentucky Legal Code