HRS §440E-21
Director's Financial Interest in MMA Contests Prohibited
This section stops the director of mixed martial arts from getting paid by event organizers or having any financial stake in a fighter. It allows the director to be paid for supervising contests and to hold escrow money for others. This is a narrow rule about the director's conflicts of interest.
courts
The statute, as written — Financial interest in mixed martial arts contestant prohibited
(a) The director shall not receive any compensation from any person who sanctions, arranges, promotes, conducts, holds, or gives mixed martial arts contests; nor shall the director have, either directly or indirectly, any financial interest in any contestant competing in any mixed martial arts contest. (b) For the purposes of this section, "compensation" shall not include funds held in escrow for payment to another person in connection with a mixed martial arts contest. The prohibition set forth in this section shall not apply to any contract entered into, or any reasonable compensation received, by the director to supervise a mixed martial arts contest in this State or another state.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.