467.137 - Promoter and network to file copy of contracts for television rights; records of accounts and other documents; assessment of fee for license; confidentiality of contract. - Nevada Statutes

467.137  Promoter and network to file copy of contracts for television rights; records of accounts and other documents; assessment of fee for license; confidentiality of contract.

      1.  A promoter and a broadcasting network for television shall each, at least 72 hours before a contest or exhibition of unarmed combat, or combination of those events is to be held, file with the Commission’s Executive Director a copy of all contracts entered into for the sale, lease or other exploitation of television rights for the contest or exhibition.

      2.  The promoter shall keep detailed records of the accounts and other documents related to the promoter’s receipts from the sale, lease or other exploitation on the television rights for a contest or exhibition. The Commission, at any time, may inspect these accounts and documents to determine the amount of the total gross receipts received by the promoter from the television rights.

      3.  If a promoter or a network fails to comply with the requirements of this section, the Commission may determine the amount of the total gross receipts from the sale, lease or other exploitation of television rights for the contest or exhibition and assess the appropriate license fee pursuant to paragraph (b) of subsection 1 of NRS 467.107.

      4.  Each contract filed with the Commission pursuant to this section is confidential and is not a public record.

      (Added to NRS by 1983, 927; A 1985, 942)