523 CMR, § 9.05

Current through Register 1533, October 25, 2024
Section 9.05 - Limitations on Promoter Creating Debt on Behalf of or Advancing Money to Unarmed Combatant or Manager
(1) A promoter licensed by the Commission shall not directly or indirectly make any loan or advance to an unarmed combatant or a manager without the express written permission of the Commission.
(2) A promoter shall not, directly or indirectly, create any indebtedness that becomes the obligation of an unarmed combatant or a manager unless the promoter has the express written permission of the Commission for that action.

523 CMR, § 9.05

Amended by Mass Register Issue 1331, eff. 1/27/2017.