* § 28. Bond for purses, salaries and other expenses. In addition to
the bond required by section twenty-seven, each applicant for a license
to conduct a boxing or sparring match or exhibition shall execute and
file with the comptroller a bond in an amount to be determined by the
commission to be approved as to form and sufficiency of sureties thereon
by the comptroller, conditioned for and guaranteeing the payment of
boxers' and wrestlers' purses, salaries of club employees licensed by
the commission, and the legitimate expenses of printing tickets and all
advertising material.

* NB Repealed September 1, 2016