W. Va. Code R. § 177-2-6
Current through Register Vol. XLI, No. 50, December 13, 2024
Before any license is issued to any promoter conducting any Mixed Martial Arts contest, he shall execute and file with the Commission a surety bond sufficient to cover all purses, awards and payments to be paid by the promoter. The bond shall be determined by the Commission. The minimum bond shall be $10,000.00 dollars. The bond shall be available to cover any fees associated with Contestant, managers, seconds, doctors, other match related participants, medical expenses or deductible costs for injured boxers (insurance deductibles), and match officials. The bond may not be available to cover expenses such as building rental, concession stand operations, advertisements, or other similar expenses.
W. Va. Code R. § 177-2-6