Nev. Admin. Code § 467.0045 - Member or employee of Commission or other person administering or enforcing chapter prohibited from financial interest in contest, exhibition or unarmed combatant; exception

Current through March 28, 2022

1. Except as otherwise provided in this section, a member or employee of the Commission, or any person who administers or enforces the provisions of this chapter or chapter 467 of NRS, may not be a member, shareholder, partner, director or officer of, contract with, receive any compensation from or have a financial interest in any person who sanctions, arranges or promotes a contest or exhibition, or have a financial interest in any unarmed combatant.
2. The provisions of subsection 1 do not prohibit a member or employee of the Commission or a ring official from entering into a contract or receiving payment for supervising or officiating a contest or exhibition.
3. As used in this section, "compensation" does not include the holding of money in escrow for the payment to another person in connection with a contest or exhibition of professional unarmed combat.

Notes

Nev. Admin. Code § 467.0045
Added to NAC by Athletic Comm'n by R062-16A, eff. 9/9/2016
NRS 467.030

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