Nevada Administrative Code (Last Updated: January 6, 2015)

NAC467.127. Limitations on promoter creating debt on behalf of or advancing money to unarmed combatant or manager.

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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 Chair of the Commission except as otherwise provided in NRS 467.130.

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 Chair of the Commission for that action.

[Athletic Comm’n, § 153, eff. 4-25-78]—(NAC A 12-13-82; 11-2-88; 12-2-97; R083-00, 9-22-2000; R076-03, 12-3-2003)

                    
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