(1) Unless otherwise directed by a representative of the commission, all purses shall be distributed by the promoter no later than 24 hours after the match. A written statement showing the distribution of the purse, including each item of receipt and each expenditure or deduction, shall be furnished to the participant and her or his manager, together with the participant’s share of the purse. The promoter shall retain a copy of the statement, certified by her or him to be correct, with receipted vouchers for all expenditures and deductions, for a period to be designated by the commission, which copy shall be provided to the commission upon demand.
(2) Unless otherwise directed by a representative of the commission, a manager shall furnish to the participant she or he manages a statement of distribution, together with the participant’s share of the purse, no later than 24 hours after the manager receives the purse and statement from the promoter. The manager shall retain a copy of the statement, certified by her or him to be correct, with receipted vouchers for all expenditures and deductions, for a period to be designated by the commission, which copy shall be provided to the commission upon demand.
History.—ss. 2, 4, ch. 84-246; s. 12, ch. 88-365; s. 4, ch. 91-429; s. 771, ch. 97-103; s. 127, ch. 99-251.
Structure Florida Statutes
Title XXXIII - Regulation of Trade, Commerce, Investments, and Solicitations
Chapter 548 - Pugilistic Exhibitions
548.003 - Florida Athletic Commission.
548.004 - Executive Director; Duties, Compensation, Administrative Support.
548.008 - Prohibited Competitions.
548.011 - Power of Commission to Issue, Withhold, Suspend, or Revoke Licenses and Permits.
548.014 - Promoters; Bonds or Other Security.
548.017 - Participants, Managers, and Other Persons Required to Have Licenses.
548.021 - Applications for Licenses and Permits.
548.024 - Background Investigation of Applicants for Licensure.
548.026 - Duration of License.
548.028 - Refusal to Issue License.
548.032 - Permit for Program of Matches.
548.033 - Local Prohibiting Ordinance.
548.037 - Admissions Not to Exceed Seating Capacity.
548.041 - Age, Condition, and Suspension of Participants.
548.042 - Participation Under Fictitious Name.
548.043 - Weights and Classes, Limitations; Gloves.
548.046 - Physician’s Attendance at Match; Examinations; Cancellation of Match.
548.047 - Duty of Licensee to Disclose Condition of Participant.
548.049 - Medical, Surgical, and Hospital Insurance; Life Insurance.
548.05 - Control of Contracts.
548.052 - Payment of Advances by Promoter Regulated.
548.053 - Distribution of Purses to Participants; Statements.
548.054 - Withholding of Purses; Hearing; Disposition of Withheld Purse Forfeiture.
548.056 - Prohibited Financial Interests in Participant; Penalties.
548.057 - Attendance of Referee and Judges at Match; Scoring; Seconds.
548.058 - Sham or Collusive Contest Prohibited.
548.06 - Payments to State; Exemptions; Audit of Records.
548.062 - Public Records Exemption.
548.064 - Destruction of Ticket or Ticket Stub.
548.07 - Suspension of License or Permit by Commissioner; Hearing.
548.071 - Suspension or Revocation of License or Permit by Commission.
548.073 - Commission Hearings.
548.074 - Power to Administer Oaths, Take Depositions, and Issue Subpoenas.
548.075 - Administrative Fines; Citations.
548.076 - Cease and Desist Notices.
548.077 - Florida Athletic Commission; Collection and Disposition of Moneys.