Rule 3773-3-02 | Conditions and bond requirements for issuing a promoter's license.
(A) Any person who wishes to promote any public or private competition that involves the sports of boxing, kick boxing, mixed martial arts, karate, tough person contests, or any other form of boxing or martial arts shall apply to the commission for a promoter's license. Each application shall be filed with the commission on forms provided by the commission, and shall be accompanied by the appropriate license fee required by rules bearing agency 3773 of the Administrative Code. In addition, a surety bond of not less than twenty thousand dollars must be submitted with the application. The applicant shall verify the application under oath. The application shall be signed by the applicant. The commission shall determine the form of the application for the promoter's license. The application shall include the name of the applicant, a passport size photo, the address, zip code and telephone number of the applicant, and a reference confirming the applicant's financial responsibility, and any other information the commission requires..
(B) The purpose of the minimum twenty thousand dollars surety is to insure the payment of the participants of any public or private competition that involves the sports of boxing, kick boxing, mixed martial arts, karate, tough person contests, or any other form of boxing or martial arts. These participants include but are not limited to: inspectors, physicians, judges, referees, timekeepers, contestants and anyone assigned by the Ohio athletic commission.
(C) Upon the proper filing of an application to promote any public or private competition that involves the sports of boxing, kick boxing, karate, mixed martial arts, tough man contests or tough person contests, professional wrestling, or any other form of boxing or martial arts., the commission shall issue a promoter's license to the applicant if:
(1) The applicant is not in default on any payment, obligation, or debt payable to the state under rules of agency 3773 of the Administrative Code;
(2) The applicant is knowledgeable in the proper conduct of competition that involves the sports of boxing, kick boxing, karate, mixed martial arts, tough man contests or tough person contests, professional wrestling, or any other form of boxing or martial arts, in accordance with rules of agency 3773 of the Administrative Code;
(3) The applicant for a promoter's license for any public or private competition that involves the sports of boxing, kick boxing, mixed martial arts, karate, tough person contests, or any other form of boxing or martial arts has filed a twenty-five hundred-dollar bond made payable to the treasurer of state in accordance with rules of agency 3773 of the Administrative Code; and a copy of the certificate verifying the approval and the filing of that bond is submitted to the executive director or commission.
(D) A promoter's license shall expire twelve months after its date of issuance and shall become invalid on that date unless renewed thirty days prior to the expiration date. A promoter's license may be renewed upon application to the commission and upon payment of the renewal fee prescribed by rules of agency 3773 of the Administrative Code. The commission shall renew the license unless it denies the application for renewal for one or more reasons stated in rules of agency 3773 of the Administrative Code.
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