Every sanction for any bout issued by the commission shall be revocable by the commission at any time and every such sanction shall be revoked and shall stand ipso facto, absolutely revoked, without notice or any action by the commission, unless every guarantee or forfeit provided for hereinabove or hereinafter by any contract for any bout, or by these rules, shall be deposited with the commission in the manner and within the time prescribed by these rules.
Haw. Code R. § 16-74-217