The commission, the executive officer, or authorized representative shall have the power to order a promoter to withhold 10 percent of the total purse payable to a contestant if the manager of the contestant does not present an itemized statement of expenses incurred in connection with the contest. The money so withheld shall be paid to the commission and held in trust for payment to the contestant or his or her manager, upon presentation by the manager to the commission of the itemized statement of expenses.
Cal. Bus. & Prof. Code § 18857
Administrative Enforcement
Known as the Boxing Act or the State Athletic Commission Act
The act spans §§ 18600–18888 (174 sections).
Added by renumbering Section 18861 by Stats. 2015, Ch. 316, Sec. 12
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.