Nev. Admin. Code § 467.137

Current through September 16, 2024
Section 467.137 - Payment of unarmed combatant: Permissible withholding and deduction; effect of arbitration or litigation; assignment
1. An unarmed combatant must be paid in full according to his or her bout agreement and no part of his or her remuneration may be withheld except by order of the Commission, nor may any part of the remuneration be returned through arrangement with his or her manager to any matchmaker or promoter, except as otherwise provided in this section.
2. A promoter may withhold from the purse of an unarmed combatant any money:
(a) Advanced to the unarmed combatant pursuant to NAC 467.127; or
(b) Authorized to be withheld pursuant to subsection 4 of NAC 467.142.
3. A manager's share of the purse may, with the approval of the unarmed combatant, be deducted and paid to the manager if the management contract so specifies and the management contract complies with the requirements of NAC 467.102.
4. If arbitration of a contract entered into by a manager and an unarmed combatant is pending before the Commission or if the contract is in litigation in a court of competent jurisdiction, the Commission may:
(a) Withhold the amount in dispute until resolution of the dispute; or
(b) Deposit the disputed amount with the clerk of the court in which the litigation is pending.
5. A manager or an unarmed combatant may, on a form approved by the Commission or the Executive Director of the Commission, assign his or her monetary interest in a contract or bout agreement.

Nev. Admin. Code § 467.137

[Athletic Comm'n, §§ 89 & 90, eff. 4-25-78]-(NAC A 12-13-82; 11-2-88; 12-2-97; R076-03, 12-3-2003)

NRS 467.030, 467.120