- (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 commission;
- (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 that promoter's license.
Effective: June 29, 2017
History: Created 2017 Ky. Acts ch. 70, sec. 2, effective June 29, 2017.