UTAH CODE (Last Updated: January 16, 2015) |
Title 63C. State Commissions and Councils Code |
Chapter 11. Pete Suazo Utah Athletic Commission Act |
Part 3. Contests |
§ 63C-11-307. Approval to hold contest or promotion -- Bond required.
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(1) An application to hold a contest or multiple contests as part of a single promotion shall be made by a licensed promoter to the commission on forms provided by the commission. (2) The application shall be accompanied by a contest fee determined by the commission under Section 63J-1-505. (3) (a) The commission may approve or deny approval to hold a contest or promotion permitted under this chapter. (b) Provisional approval under Subsection (3)(a) shall be granted upon a determination by the commission that: (i) the promoter of the contest or promotion is properly licensed; (ii) a bond meeting the requirements of Subsection (6) has been posted by the promoter of the contest or promotion; and (iii) the contest or promotion will be held in accordance with this chapter and rules made under this chapter. (4) (b) Notwithstanding Subsection (4)(a), the commission may approve a contest or promotion if the requirements under Subsection (4)(a) are not met because of unforeseen circumstances beyond the promoter's control. (5) Final approval for a contest under 10 rounds in duration may be granted as determined by the commission after receiving the materials identified in Subsection (4) at a time determined by the commission. (6) An applicant shall post a surety bond or cashier's check with the commission in the greater of $10,000 or the amount of the purse, providing for forfeiture and disbursement of the proceeds if the applicant fails to comply with: (a) the requirements of this chapter; or (b) rules made under this chapter relating to the promotion or conduct of the contest or promotion.
Repealed and Re-enacted by Chapter 369, 2009 General Session