§ 14-39. Bond of promoter.

Latest version.

Every person engaged in or desiring to engage in the business of promoting boxing or wrestling shall, before any permit to engage therein is granted under section 14-38, deposit with the chief financial officer a bond in the sum of $5,000.00. The bond shall be approved by the mayor. The bond shall guarantee the faithful performance of all contracts entered into by the promoter and the payment of all damages sustained by any person because of the promotion and the carrying on of boxing or wrestling matches.

(Code 1977, § 14-3044)

                    
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