§ 18828
148 words·~1 min read·
/ca/business-and-professions-code/18828A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.