California Law (Last Updated: March 4, 2014) |
Business and Professions Code - BPC |
Division 8. SPECIAL BUSINESS REGULATIONS |
Chapter 2. Boxing, Wrestling, and Martial Arts |
ARTICLE 5. Bonds |
Section 18681.
Latest version.
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Before any license is issued to any club to conduct, hold, or give an amateur contest or match, the applicant shall file a bond with the commission in an amount not less than one thousand dollars ($1,000), conditioned for the faithful performance by the club of the provisions of this chapter. For the purpose of this section, "faithful performance by the club" shall include the cancellation of a contest or match without good cause once the contest or match has been approved by the commission.
(Repealed and added by Stats. 1985, Ch. 1092, Sec. 2.)