California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2 — Boxing, Wrestling, and Martial ArtsArticle 17 — Mixed Martial Arts Retirement Benefit FundSection 18888.12
Moneys collected pursuant to this article shall not be used to fund boxer benefits under Article 16 (commencing with Section 18880).
Notes
Prohibits money collected under this article from being used to fund boxer benefits under the separate boxer-benefits article. The restriction earmarks the collected money away from boxer benefits and applies to all money collected pursuant to this article, without stating a monetary threshold, deadline, or exception.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18888.12 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2/article-17/section-18888-12