No promoter, nor any person having a proprietary interest in the promoter, shall have, either directly or indirectly, any proprietary interest in a boxer or martial arts fighter competing on the premises owned, leased, or rented by the promoter without written approval from the commission.
Cal. Bus. & Prof. Code § 18849
Administrative Enforcement
Known as the Boxing Act or the State Athletic Commission Act
The act spans §§ 18600–18888 (174 sections).
Amended by Stats. 1989, Ch. 757, Sec. 21.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.