N.Y. General Business Law § 1018: Prohibited conduct

§ 1018. Prohibited conduct. 1. No corporation or person shall have,

either directly or indirectly, any financial interest in a professional

boxer competing on premises owned or leased by the corporation or

person, or in which such corporation or person is otherwise interested

except pursuant to the specific written authorization of the commission.

2. No contestant in a boxing or sparring match or exhibition shall be

paid for services before the contest, and should it be determined by the

commission that such contestant did not give an honest exhibition of his

or her skill, such services shall not be paid for.

3. Any person, including any corporation and the officers thereof, any

physician, referee, judge, timekeeper, professional, manager, trainer or

second, who shall promote, conduct, give or participate in any sham or

collusive authorized professional combative sports, shall be deprived of

his or her license by the commission and any other appropriate legal

remedies.

4. No licensed promoter or matchmaker shall knowingly engage in a

course of conduct in which fights are arranged where one professional

has skills or experience significantly in excess of the other

professional so that a mismatch results with the potential of physical

harm to the professional.