1. (a) Before a person acts as a boxing promoter, he must be licensed by the commissioner. A licensed promoter may not act as, and cannot be licensed as, a second, boxer, referee, timekeeper, or judge. If he is so licensed, he must submit any other licenses for cancellation. A promoter may be licensed as a manager.

2. (b) Each promoter applicant shall submit:

   1. (1) a completed application form;
   2. (2) proof of financial ability to pay purses, arena rental, personnel, advertising, and other expenses as required by §61.40 of this title (relating to Bond Requirements for Promoters);
   3. (3) other licenses listed in subsection (a) of this section, for cancellation, if applicable;
   4. (4) the required fee; and
   5. (5) to an interview by the commissioner, if applying for a promoter's license for the first time.

Source Note:The provisions of this §61.20 adopted to be effective June 4, 1992, 17 TexReg 3782.