California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2 — Boxing, Wrestling, and Martial ArtsArticle 5 — BondsSection 18681
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.
Notes
Requires a club seeking a license to conduct an amateur contest or match to file a commission bond of at least $1,000 conditioned on faithful performance of the chapter. Faithful performance expressly includes not canceling a commission-approved contest or match without good cause.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18681 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2/article-5/section-18681