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 12. Revenue and Fiscal Affairs |
Section 18828.
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(a) The commission may enter into a contract to sanction, supervise, or provide other services for contests under this chapter for which the fees under this chapter do not apply only if the contract provides for a payment to the commission for reasonable and necessary services provided under the contract.
(b) It is the intent of the Legislature that payment under subdivision (a) shall include the following:
(1) Consideration of costs incurred by the commission.
(2) A contribution into the Boxers' Pension Fund of not less than 20 percent of the commission's costs under paragraph (1).
(3) A contribution into the State Athletic Commission Neurological Examination Account of not less than 20 percent of the commission's costs under paragraph (1).
(c) A contestant's participation in a contest subject to this section shall be deemed to be a commission-approved contest for purposes of participation in the Boxers' Pension Plan.