NRS 467.136 Registration of sanctioning organization or television network; fees, costs and deposit; regulations.
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NRS 467.136 Registration of sanctioning organization or television network; fees, costs and deposit; regulations.
1. The Commission may require a sanctioning organization or a broadcasting network for television that televises professional contests of unarmed combat in this State to register with the Commission before it participates, directly or indirectly, in any professional contest or exhibition of unarmed combat.
2. If such registration is required, the Commission shall adopt regulations that prescribe, without limitation, the requirements for registration and any fees for registration.
3. The Commission may require a sanctioning organization or broadcasting network that applies for registration to:
(a)Pay the costs of the proceedings relating to the issuance of the registration, including, without limitation, investigative costs and attorney’s fees; and
(b)Deposit with the Commission such an amount of money as the Commission deems necessary to pay for those costs. If any amount required to be deposited pursuant to this paragraph exceeds the actual cost of the proceedings, including, without limitation, investigative costs and attorney’s fees, the Commission shall refund the excess amount to the sanctioning organization or broadcasting network upon the completion of the proceedings.
4. All amounts paid pursuant to subsection 3 must be deposited with the State Treasurer for credit to the Athletic Commission’s Agency Account created by NRS 467.080 .