OAR 230-020-0080
Changes in Proprietary Interest
(1)
All persons licensed as promoters shall submit in writing for prior approval by the Administrator, any proposed change in the persons connected with or having proprietary interest in the promoter, including any change in the shareholders of a corporate entity. Any sole proprietor licensed as a promoter who forms an intention to operate as a partnership shall resubmit an application for a promoter’s license prior to engaging in promotional activity as a partnership.(2)
The superintendent may deny a promoter’s application or suspend or revoke any promoter’s license if the superintendent finds that at any time the licensee or any partner, corporate officer, corporate director, shareholder, or employee of any promoter, in this state or elsewhere:(a)
Has engaged in illegal bookmaking or other illegal activity;(b)
Has been convicted of a crime that involves unarmed combat sports, or entertainment wrestling in any way;(c)
Has been the subject of discipline by unarmed combat sports, or entertainment wrestling regulatory authority in any other state;(d)
Is engaged in any other activities or practices that are detrimental to the best interests or unarmed combat sports, or entertainment wrestling.
Source:
Rule 230-020-0080 — Changes in Proprietary Interest, https://secure.sos.state.or.us/oard/view.action?ruleNumber=230-020-0080.