§440-8.5 Powers and duties of the commission. In addition to any other powers and duties authorized by law, the commission shall adopt rules pursuant to chapter 91 to provide for the following:

(1) A trust or escrow account system to ensure that all financial obligations are met by a promoter before a boxing contest. This system shall supersede all other financial obligatory requirements imposed on promoters by this chapter;

(2) A public record accounting for the distribution of all tickets provided to the commission by a promoter and anything else of value which is provided to the commission;

(3) An annual clinic or seminar on health and medical safety for boxers;

(4) A mandatory neurological examination for any boxer who is knocked out in a boxing contest, and an eye examination as part of a boxer's annual medical examination; and
  1. An automatic medical suspension from boxing for a period of time to be determined by the commission for any boxer who is knocked out from head blows or who has received a severe beating about the head. The period of time of the automatic medical suspension shall be based upon the severity of the beating received by the boxer. [L 1986, c 135, §5; am L 1987, c 126, §1; am L 1992, c 202, §48]