467.120 - Contract between contestant and licensee: Copy provided to contestant and Executive Director; impounding gate receipts. - Nevada Statutes

467.120  Contract between contestant and licensee: Copy provided to contestant and Executive Director; impounding gate receipts.

      1.  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.

      2.  One copy of the agreement must be filed with the Executive Director of the Commission and one copy must be retained by the licensee or sponsor of the contest.

      3.  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.

      [6 1/2:40:1943; added 1943, 74; 1943 NCL § 905.05B]—(NRS A 1960, 427; 1963, 141; 1985, 941)