Distribution of receipts of contest or exhibition
Compiled source label: current through Apr 15, 2022
Register checked through July 8, 2026/Vol. XLVIII, Issue 27 (2026-07-08) - no later Register activity found for this section
What LawEngine checked
- Status
- Source receipt
- Compiled source current through
- Apr 15, 2022
- Register checked through
- July 8, 2026/Vol. XLVIII, Issue 27 (2026-07-08)
- Register activity status
- no later Register activity found
- LawEngine source snapshot
- Jun 6, 2026
All promoters, in distributing the receipts of any contest or exhibition where a licensed participant is to be compensated based on a percentage of the gate, shall first deduct all sums due for Federal and State taxes and then deduct all sums due for payments to the referee, judges, physicians and other assigned officials, and for insurance premiums. Thereafter, the balance may be distributed in accordance with the amounts or percentages agreed upon and approved for the compensation of the participants.