201 Ky. Admin. Regs. 27:040
Current through Register Vol. 51, No. 6, December 1, 2024
Section 201 KAR 27:040 - ManagersRELATES TO: KRS 229.021, 229.081, 229.091, 229.171, EO 2016-270
NECESSITY, FUNCTION, AND CONFORMITY: KRS 229.171(1) authorizes the authority to exercise sole jurisdiction over all boxing, kickboxing, mixed martial arts, and wrestling shows, exhibitions, and licensees in the commonwealth. Executive Order 2016-270, effective May 16, 2016, abolished the Kentucky Boxing and Wrestling Authority and established the Kentucky Boxing and Wrestling Commission. This administrative regulation establishes standards governing the conduct of managers.
Section 1. Duties and Responsibilities. (1) A manager shall only do business with a promoter, ring official, or contestant who holds an active license.(2) A manager shall not act or attempt to act for a contestant unless authorized by the contestant.(3) A contract between a manager and a contestant shall be filed with the commission as evidence of the manager's authority to act for the contestant.(4) A manager shall keep accurate records of the receipts and expenses of the contestants under their management and control. These records shall be available to the contestants and to the commission.5 Ky.R. 1107; eff. 11-7-1979; Am. 20 Ky.R. 1045; 1791; eff. 1-10-1994; 32 Ky.R. 1755; 2262; eff. 7-7-2006; 43 Ky.R. 311, 746; eff. 1-6-2017.STATUTORY AUTHORITY: KRS 229.081, 229.091, 229.171, 229.180