Nev. Admin. Code § 467.Section 1

Current through June 11, 2024
Section 467.Section 1 - NEW

Chapter 467 of NAC is hereby amended by adding thereto a new section to read as follows:

1. The promoter of a contest or exhibition who fails to comply with any provision of this chapter, chapter 467 of NRS or a rule adopted by the Commission is subject to proceedings for the forfeiture of all or part of the bond the promoter filed with the Commission pursuant to NRS 467.080.
2. The forfeited amount of a bond may be used to pay or reimburse:
(a) An amount owed by the promoter pursuant to the issuance of his or her license or for holding a contest or exhibition, including, without limitation, any fees owed pursuant to NRS 467.107, 467.108 or 467.109; or
(b) If the promoter failed to provide the insurance coverage required pursuant to NAC 467.149, the medical expenses of an unarmed combatant up to the amount the insurance coverage would have paid or reimbursed if the promoter had provided the required coverage.

Nev. Admin. Code § 467.Section 1

Added to NAC by Athletic Comm'n by R089-22A, eff. 12/29/2022

NRS 467.030