ยง  1018.  Prohibited  conduct. 1. No corporation or person shall have,
  either directly or indirectly, any financial interest in a  professional
  boxer  competing  on  premises  owned  or  leased  by the corporation or
  person, or in which such corporation or person is  otherwise  interested
  except pursuant to the specific written authorization of the commission.
2.  No contestant in a boxing or sparring match or exhibition shall be
  paid for services before the contest, and should it be determined by the
  commission that such contestant did not give an honest exhibition of his
  or her skill, such services shall not be paid for.
3. Any person, including any corporation and the officers thereof, any
  physician, referee, judge, timekeeper, professional, manager, trainer or
  second, who shall promote, conduct, give or participate in any  sham  or
  collusive authorized professional combative sports, shall be deprived of
  his  or  her  license  by the commission and any other appropriate legal
  remedies.
4. No licensed promoter or matchmaker  shall  knowingly  engage  in  a
  course  of  conduct  in which fights are arranged where one professional
  has  skills  or  experience  significantly  in  excess  of   the   other
  professional  so  that a mismatch results with the potential of physical
  harm to the professional.
Structure New York Laws
1001 - Combative Sports Authorized.
1002 - Combative Sports Prohibited.
1003 - State Athletic Commission.
1004 - Jurisdiction of the Commission.
1005 - Officers and Employees of the Commission.
1007 - Licenses; General Provisions.
1010 - Licenses; Professionals.
1011 - Temporary Working Permits.
1012 - Temporary Training Facilities.
1013 - Medical Advisory Board.
1014 - Regulation of Authorized Professional Combative Sports.
1015 - Conduct of Authorized Professional Combative Sports.
1017 - Professional Wrestling; Promoters.