KRS 229.035: Promoter license requirement -- Approval of show dates -- Bond.

(1) No person shall conduct or advertise a show without a promoter license issued by

the commission to conduct the show. Show dates shall be approved as determined

through the promulgation of an administrative regulation.

(2) Any person applying for a promoter license shall file with the commission a bond in

the sum of ten thousand dollars ($10,000), to be approved as to form and the

sufficiency of the sureties by the commission, conditioned for the payment of:

(a) Taxes;

(b) Fines;

(c) Fees imposed by the commission;

(d) Purses and money owed to contestants; and

(e) Money owed to judges, physicians, referees, timekeepers, or other contracted

event service providers.

(3) If the promoter's bond expires or is cancelled, the commission shall immediately

terminate that promoter's license.