W. Va. Code R. § 177-1-5
Current through Register Vol. XLII, No. 1, January 3, 2025
Before any license is issued to any promoter regularly conducting boxing contests, 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 ten thousand ($10,000) dollars. The bond shall be available to cover any fees associated with fighters, managers, seconds, other fight related participants, medical expenses or deductible costs for injured boxers, and fight official. 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. § 177-1-5