A manager, matchmaker, or promoter may not arrange, facilitate, participate in, produce, profit from, or stage a competition or sparring exhibition without having a license issued by the commission. A manager, matchmaker, or promoter shall submit an application upon the form prescribed by the commission and shall pay the required fee. Any association, club, corporation, entity, or individual required to have a license pursuant to this section, that arranges, facilitates, participates in, produces, profits from, or stages a competition or sparring exhibition without having a license issued by the commission, or that does not comply with the provisions of this chapter or any rule promulgated pursuant to this chapter, is guilty of a Class 2 misdemeanor and subject to the sanctions and penalties provided in §§ 42-12-20 and 42-12-24 . The commission may file a civil suit to enjoin any person from engaging in a competition or sparring exhibition without a license issued by the commission.
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