California Codes, Business and Professions Code - BPC, Division 8 — Special Business Regulations, Chapter 2 — Boxing, Wrestling, and Martial Arts, Article 4 — Applications, Section 18667
The commission shall not issue any promoter’s license to an applicant unless the commission is satisfied that the applicant is the real party in interest, and intends to conduct, hold, or give such contests itself. In no case shall the commission issue a license to a promoter unless, the promoter will receive at least 25 percent of the net receipts of any promotion.
Notes
Prohibits the commission from issuing a promoter’s license unless satisfied that the applicant is the real party in interest and intends personally to conduct, hold, or give the contests. A license also may not issue unless the promoter will receive at least 25 percent of the net receipts from any promotion.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18667 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2/article-4/section-18667