A. The commission may by rule require insurance coverage for each licensed professional boxer or professional wrestler to provide for medical, surgical and hospital care for injuries sustained while preparing for or engaged in a professional contest in an amount of one thousand dollars ($1,000) payable to such boxer or wrestler as beneficiary.
B. In lieu of, or in addition to, the insurance provided for in Subsection A of this section, the commission may establish a voluntary injury fund in the state treasury to provide for the medical care of a professional boxer or professional wrestler injured in the course of a professional contest. The fund shall consist solely of voluntary contributions by promoters equal to two percent of the gross receipts of the professional contest. The funds may be expended upon vouchers signed by the chairman of the commission and warrants drawn by the secretary of finance and administration.
History: Laws 1980, ch. 90, § 17.
Delayed repeal. — For delayed repeal of this section, see 60-2A-30 NMSA 1978.
Structure New Mexico Statutes
Chapter 60 - Business Licenses
Article 2A - Athletic Competition
Section 60-2A-1 - Short title. (Repealed effective July 1, 2024.)
Section 60-2A-2 - Definitions. (Repealed effective July 1, 2024.)
Section 60-2A-3 - Commission created; terms; restrictions. (Repealed effective July 1, 2024.)
Section 60-2A-4 - Chairman; rules. (Repealed effective July 1, 2024.)
Section 60-2A-6 - Per diem and mileage. (Repealed effective July 1, 2024.)
Section 60-2A-7 - Medical advisory board. (Repealed effective July 1, 2024.)
Section 60-2A-9 - Licenses to conduct professional contests. (Repealed effective July 1, 2024.)
Section 60-2A-11 - Licenses for physicians. (Repealed effective July 1, 2024.)
Section 60-2A-12 - License fees. (Repealed effective July 1, 2024.)
Section 60-2A-13 - Real party in interest. (Repealed effective July 1, 2024.)
Section 60-2A-14 - Suspension; revocation of licenses. (Repealed effective July 1, 2024.)
Section 60-2A-15 - Subpoena power. (Repealed effective July 1, 2024.)
Section 60-2A-16 - Contracts. (Repealed effective July 1, 2024.)
Section 60-2A-17 - Insurance. (Repealed effective July 1, 2024.)
Section 60-2A-18 - Advances against contestant's purse. (Repealed effective July 1, 2024.)
Section 60-2A-19 - Withholding of purse. (Repealed effective July 1, 2024.)
Section 60-2A-21 - Length of professional contests; rounds. (Repealed effective July 1, 2024.)
Section 60-2A-22 - Minors; participants. (Repealed effective July 1, 2024.)
Section 60-2A-23 - Regulatory fees on promotions. (Repealed effective July 1, 2024.)
Section 60-2A-24 - Athletic commission fund. (Repealed effective July 1, 2024.)
Section 60-2A-25 - Time of payment of regulatory fee. (Repealed effective July 1, 2024.)
Section 60-2A-27 - Penalty; nonpayment of fee. (Repealed effective July 1, 2024.)
Section 60-2A-28 - Civil penalty. (Repealed effective July 1, 2024.)
Section 60-2A-29 - Penalty. (Repealed effective July 1, 2024.)
Section 60-2A-30 - Termination of agency life; delayed repeal. (Repealed effective July 1, 2024.)
Section 60-2A-33 - Criminal offender character evaluation. (Repealed effective July 1, 2024.)