No person, partnership, firm, corporation or association licensed by the Office of the State Athletic Commissioner to hold or conduct boxing bouts, wrestling exhibitions or sparring exhibitions pursuant to N.J.A.C. 13:46-4.1, shall hold an interest of the nature described in N.J.A.C. 13:46-23.2 in any other such licensee except as provided by N.J.A.C. 13:46-4.29.
N.J. Admin. Code § 13:46-23.8