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11 GCA § 7412

Contract between Contestant and Licensee: Copy Provided

Guam Code AnnotatedTitle 11 — Finance and Taxation
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to Contestant and Executive Secretary; Impounding Gate Receipts.

(a)Every contestant competing under the terms of this Chapter, or regulation of the Commission, is entitled to receive a copy of a written contract or agreement, approved as to form by the Commission, binding the licensee to pay the contestant a certain fixed fee or percentage of the gate receipts.

(b)One

(1)copy of the agreement must be filed with the Executive Secretary of the Commission and one

(1)copy must be retained by the licensee or sponsor of the contest. COL 03072011 CH. 7 GUAM UNARMED COMBAT COMMISSION ACT OF 2009

(c)The Inspector or member of the Commission in attendance at the contest shall determine whether such an agreement has been delivered to each contestant and may require that a sufficient amount of the gate receipts be impounded to pay the contestants according to those agreements.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.