§ 1016. Required filings. 1. The organization that promotes, sanctions\nor otherwise participates in the proposition, selection, or arrangement\nof one or more professionals for a contest must file with the commission\na written statement executed under penalty of perjury stating (a) all\ncharges, expenses, fees, and costs that will be assessed against any\nprofessional participating in the event;
(b)all payments, benefits,\ncomplimentary benefits and fees the organization or entity will receive\nfor its affiliation with the event;
(c)the name of the promoter;
(d)\nsponsor of the event; and (e) all other sources, and such other and\nadditional information as required by the commission. Such written\nstatement shall be filed in a form and manner acceptable to the\ncommission.\n 2. The
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§ 1016. Required filings. 1. The organization that promotes, sanctions\nor otherwise participates in the proposition, selection, or arrangement\nof one or more professionals for a contest must file with the commission\na written statement executed under penalty of perjury stating (a) all\ncharges, expenses, fees, and costs that will be assessed against any\nprofessional participating in the event; (b) all payments, benefits,\ncomplimentary benefits and fees the organization or entity will receive\nfor its affiliation with the event; (c) the name of the promoter; (d)\nsponsor of the event; and (e) all other sources, and such other and\nadditional information as required by the commission. Such written\nstatement shall be filed in a form and manner acceptable to the\ncommission.\n 2. The promoter, organizer, producer or another that participates in\nthe proposition, selection, or arrangement of one or more professionals\nfor a contest must file with the commission a written statement under\npenalty of perjury detailing all charges, fees, costs and expenses by or\nthrough the promoter on the professional pertaining to the event,\nincluding any portion of the professional's purse that the promoter will\nreceive and training expenses and all payments, gifts or benefits the\npromoter is providing to any sanctioning organization affiliated with\nthe event. Such written statement shall be filed in a form and manner\nacceptable to the commission.\n 3. The promoter, organizer, producer or another that participates in\nthe proposition, selection, or arrangement of one or more professionals\nfor a contest must file with the commission a copy of any agreement in\nwriting to which the promoter is a party with any professional\nparticipating in the match.\n 4. All contracts calling for the services of a professional in an\nauthorized professional combative sport and entered into by licensed\npromoters, professionals or managers as one or more of the parties in\nsuch contracts, including those contracts which relate to the rights to\ndistribute, televise or otherwise transmit any authorized professional\ncombative sport over the airwaves or by cable shall be subject to the\napproval of the commission and copies thereof shall be filed with the\ncommission by such corporation, professional or manager within\nforty-eight hours after the execution of such contract and at least ten\nbusiness days prior to any bouts, or the first of any series of bouts,\nto which they relate. The commission may waive such filing deadline for\ngood cause shown.\n