23-3-502. Bond -- conditions. (1) A license to conduct professional boxing events may not be issued unless the licensee has executed a bond in the sum of not less than $5,000.
     (2) The bond must be conditioned on faithful compliance by the licensee with the provisions of this chapter and the rules of the department.

     History: En. Sec. 9, Ch. 506, L. 1983; amd. Sec. 13, Ch. 11, L. 2007; amd. Sec. 6, Ch. 378, L. 2009.