California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2 — Boxing, Wrestling, and Martial ArtsArticle 12 — Revenue and Fiscal AffairsSection 18828
(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.
Notes
Allows the commission to contract to sanction, supervise, or provide services for contests where chapter fees do not apply if the contract pays reasonable necessary service costs. Legislative intent calls for commission costs plus contributions of at least 20% of those costs to both the Boxers' Pension Fund and neurological account; participating contestants are deemed commission-approved for pension purposes.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18828 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2/article-12/section-18828