John Bullot, one of our lead judges, points us to the regulations on advertising permitted on our Lasers at National and International competitions ...
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The advertising that may be on a laser is controlled by the ISAF Regulation number 20, Advertising Code.
This ISAF regulation can be found at http://www.sailing.org/regulations
The laser class rules do not modify these ISAF regulations. The same rules on advertising apply to any laser event be a national championship, a world championship or a club race.
You will note when reading this regulation that advertising is not very restrictive, however, there are some places (namely on a laser the from 25% of the sides of the hull) where no personal advertising is permitted and only the regatta organisers can place advertising.
Good Sailing
John Bullot