§3A-607.

§3A-607.
   
   A. The Oklahoma Professional Boxing Commission shall promulgate rules
   necessary to implement processes for issuing sanctioning permits for
   professional boxing contests and professional exhibitions held or
   given in this state and for issuing licenses for participants of
   sanctioned contests and exhibitions, except those events and persons
   specifically exempt by the provisions of the Oklahoma Professional
   Boxing Licensing Act.
   
   B. All persons or entities who participate in any professional boxing
   contest or professional exhibition sanctioned by the Commission,
   including, but not limited to, professional boxers, trainers,
   managers, corner persons, booking agents, matchmakers, promoters,
   referees, judges, timekeepers, vendors, physicians, announcers, clubs,
   and corporations associated with a professional boxing contest or
   professional exhibition sanctioned by the Commission, shall be
   required to make application to the Commission for a license to
   participate in this state in any professional boxing contest or
   professional exhibition sanctioned by the Commission.
   
   C. An application for a sanctioning permit or a license shall be on
   such form and require such information as shall be prescribed by the
   Commission.
   
   D. The Commission shall determine reasonable costs and fees associated
   with issuing sanctioning permits and licenses. All costs and fees for
   sanctioning an event shall be payable by the promoter making
   application for a sanctioning permit. Costs and fees for a license may
   be paid by the participant making application or by the promoter of an
   event sanctioned by the Commission.
   
   E. A sanctioning permit shall be in effect upon the date issued by the
   Commission and shall expire upon the conclusion of the event, unless
   the sanctioning permit is suspended or revoked for just cause by the
   Commission. Licenses shall be in effect upon the date issued by the
   Commission, and all licenses shall expire June 30 unless the license
   is suspended or revoked for just cause by the Commission.
   
   F. Only promoters whose professional boxing contests and professional
   exhibitions have been sanctioned by the Commission are authorized to
   place a notice of sanction on printed and promotional materials
   associated with the sanctioned event, which shall include but not be
   limited to advertising, tickets, programs, posters, souvenirs, wearing
   apparel, billboards, marquees and promotional signs inside and outside
   the venue where the event is to be held, and broadcasting, including,
   but not limited to, radio, television, including cable television,
   pay-per-view television, and closed-circuit television and motion
   pictures of the event. The notice of sanction shall substantially
   state the following:
   
   "Pursuant to the provisions of Section 601 et seq. of Title 3A of the
   Oklahoma Statutes and the rules of the Oklahoma Professional Boxing
   Commission, THIS EVENT IS SANCTIONED BY THE OKLAHOMA PROFESSIONAL
   BOXING COMMISSION. Sanctioning Permit No. _______."
   
   G. All fees and other monies resulting from sanctioning professional
   boxing contests and professional exhibitions and licenses shall be
   placed to the credit of the Oklahoma Professional Boxing Licensing
   Revolving Fund.