For the purposes of this article, a ceritifcate of deposit payable to the commission, or a savings account assigned to the commission, shall be considered equivalent to a bond as provided in Section 995.710 of the Code of Civil Procedure, and shall be acceptable to the commission upon such terms and conditions as it may prescribe.
Cal. Bus. & Prof. Code § 18685
Bonds
Known as the Boxing Act or the State Athletic Commission Act
The act spans §§ 18600–18888 (174 sections).
Repealed and added by Stats. 1985, Ch. 1092, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.