
Regulation of Boxing
Matches in States Without Boxing Commissions
(Approved by the Membership on
August 2, 2002)
·
Boxing
matches may not be held in a State without a boxing commission unless the boxing
matches are regulated by a boxing commission
from another state (not merely an individual
from another state); or, if no state boxing commission is available, by the
Association of Boxing Commissions.
·
If the
boxing matches are to be held in a State without a boxing commission,
and a state boxing commission agrees to regulate the boxing matches, the
following procedures shall be followed:
·
The
promoter of the boxing matches shall seek, and obtain, the written approval of
an appropriate state government official for the boxing matches to take place in
that State
·
The
promoter of the boxing matches shall provide to the boxing commission that will
regulate the boxing matches the following written declarations:
·
The amount
of compensation to be paid to the boxing commission for its regulation of the
boxing matches (the monies to be held in escrow by the ABC for payment to the
boxing commission)
·
That there
will be compliance with the federal law, the recommended regulatory guidelines
certified and published by the ABC, and any additional regulations applicable to
the state boxing commission regulating the matches by all who participate,
directly or indirectly, in the boxing matches
·
That each
boxing match will be subject to the approval of the state boxing commission,
and, absent court intervention, such a decision will be final
·
That the
appointment of officials for the boxing matches will be within the sole
discretion of the state boxing commission
·
That the
promoter will post a surety bond, cashier’s check, letter of credit, cash or
other security with the state boxing commission to ensure the payment of purses
and all other expenses related to the boxing matches
·
That the
promoter will provide each member of the state boxing commission and its staff
participating in the regulation of the boxing matches with a liability insurance
policy in the minimum amount of $2,000,000.00
·
A copy of
the promoter’s declarations shall be provided to the President of the ABC at
least 15 days prior to the holding of the boxing matches
·
If the
boxing matches are to be held in a State without a boxing commission, no state
boxing commission is available to regulate the boxing matches, and the ABC
agrees to regulate the boxing matches, the following procedures shall be
followed:
·
The
promoter of the boxing matches shall seek, and obtain, the written approval of
an appropriate state government official for the boxing matches to take place in
that State
·
The
promoter of the boxing matches shall submit a written request to the President
of the ABC regarding the regulation of the boxing matches by the ABC, certifying
that no state boxing commission is available to regulate the boxing matches
·
If the ABC
agrees to regulate the boxing matches, the President of the ABC shall designate,
from among its member boxing commissions, those officials necessary to regulate
the boxing matches
·
The
promoter of the boxing matches shall provide to ABC the following written
declarations:
·
The amount
of compensation to be paid to the individuals who will participate in the
regulation of the boxing matches (the monies to be held in escrow by the ABC for
payment to the designated individuals)
·
That there
will be compliance with the federal law and the recommended regulatory
guidelines certified and published by the ABC by all who participate, directly
or indirectly in the boxing matches
·
That each
boxing match will be subject to the approval of the members of the ABC who will
regulate the boxing matches, and, absent court intervention, such a decision
will be final
·
That the
appointment of officials for the event will be within the sole discretion of the
members of the ABC who will regulate the boxing matches
·
That the
promoter will post a surety bond, cashier’s check, letter of credit, cash or
other security with the ABC to ensure the payment of purses and all other
expenses related to the boxing matches
·
That the
promoter will provide each member of the ABC who will participate in the
regulation of the boxing matches with a liability insurance policy in the
minimum amount of $2,000,000.00