Sections
13 entriesSection 18888Establishes legislative findings only, stating that combat sports benefit many Californians, licensed professional athletes may face financial hardship and serious injuries, and…Section 18888.1Defines beneficiary as a person entitled to benefits after participating martial artist's death; martial artist as specified licensed combat athletes other than…Section 18888.2Requires the commission to establish an actuarially sound Mixed Martial Arts Retirement Benefit Fund for martial artists competing in California and set…Section 18888.3Requires MMA Fund contributions to be deposited in a continuously appropriated retirement fund and allocated annually 50% by scheduled rounds and 50%…Section 18888.4Allows a promoter, but does not require one, to add a separately designated contribution or donation to every ticket for a professional…Section 18888.5Limits distribution of a vested MMA Fund regular account until the participating martial artist is at least 50 years old. Allows the…Section 18888.6Requires initial-license notice of MMA Fund enrollment and vests a participating martial artist after at least 39 scheduled rounds in commission-sanctioned California…Section 18888.7Allows the commission, at its discretion, to hold or assign an administrative hearing on a person’s right, benefit, or obligation under the…Section 18888.8Requires any claim by a participating martial artist against the commission arising from administration of the MMA Fund to be brought in…Section 18888.9Allows the commission to adopt regulations that implement, interpret, or make specific the requirements of this article. The provision grants regulatory authority…Section 18888.10Limits administration of the Mixed Martial Arts Retirement Benefit Fund to the availability of funds collected under the specified financing provision without…Section 18888.11Bars the MMA Fund from creating liability against the General Fund and prohibits use of the General Fund to offset or finance…Section 18888.12Prohibits money collected under this article from being used to fund boxer benefits under the separate boxer-benefits article. The restriction earmarks the…