Limitations on Promoter Creating Debt on Behalf of or Advancing Money to Unarmed Combatant or Manager
Effective Jan 27, 2017Mass. Register #1331MGL c. 147, § 46Massachusetts State Athletic Commission (MSAC)
- (1) A promoter licensed by the Commission shall not directly or indirectly make any loan or advance to an unarmed combatant or a manager without the express written permission of the Commission.
- (2) A promoter shall not, directly or indirectly, create any indebtedness that becomes the obligation of an unarmed combatant or a manager unless the promoter has the express written permission of the Commission for that action.