§440-27 Financial interest in contestant prohibited. (a) No commission member or staff, appointee, or any individual or club holding a license to conduct, hold, or give boxing contests, nor any officer, partner, or member, may receive any compensation from any person who sanctions, arranges, or promotes professional boxing contests; nor shall they have, either directly or indirectly, any financial interest in any contestant competing in any boxing contest that they conduct, hold, or give.
(b) For purposes of this section, the term "compensation" shall not include funds held in escrow for payment to another person in connection with a professional boxing contest. The prohibition set forth in this section shall not apply to any contract entered into, or any reasonable compensation received, by the commission to supervise a professional boxing contest in this State or another state. [L 1929, c 216, §30; RL 1935, §7017; RL 1945, §7578; RL 1955, §165-29; HRS §440-27; am L 1983, c 241, §21; am L 2004, c 135, §21]
Structure Hawaii Revised Statutes
Title 25. Professions and Occupations
440-8 Authority to subpoena witnesses, to administer oaths and penalties.
440-8.5 Powers and duties of the commission.
440-9 Jurisdiction of commission.
440-11 Requirements to hold a boxing contest.
440-12 Licenses, participants.
440-14 Licenses, limitations, renewals.
440-15 Receipts and reports thereon.
440-16 Failure to report receipts.
440-22 Sham boxing contest; forfeiture of license.
440-23 Sham boxing contest; penalty against contestant.
440-27 Financial interest in contestant prohibited.
440-28 Wages of contestant; prepayment prohibited.
440-29 Limit of weight difference between contestants.
440-30 Control and supervision of amateur boxing contest.
440-31 Persons barred as amateur contestants.
440-32 Amateur contestants entitled to medals and trophies only.
440-33 Disposition of receipts.
440-34.5 Summary disciplinary action.
440-35 Not to apply to Army, Air Force, Navy, National Guard, or Police Activities League.