N.Y. Boxing, Sparring and Wrestling Ch. 912/20 § 27: Bond

* § 27. Bond. Before a license shall be granted to a person or

corporation to conduct a boxing or sparring match or exhibition, the

applicant shall execute and file with the comptroller a bond in an

amount to be determined by the commission, to be approved as to form and

sufficiency of sureties thereon by the comptroller, conditioned for the

faithful performance by said corporation of the provisions of this act

and the rules and regulations of the commission, and upon the filing and

approval of said bond the comptroller shall issue to said applicant a

certificate of such filing and approval, which shall be by said

applicant filed in the office of the commission with its application for

license, and no such license shall be issued until such certificate

shall be filed. In case of default in such performance, the commission

may impose upon the delinquent a penalty in the sum of not more than one

thousand dollars for each offense, which may be recovered by the

attorney-general in the name of the people of the state of New York in

the same manner as other penalties are recovered by law; any amount so

recovered shall be paid into the treasury.

* NB Repealed September 1, 2016