ARTICLE 17. Mixed Martial Arts Retirement Benefit Fund
Article 17 added by Stats. 2023, Ch. 466, Sec. 1.
§§ 18888–18888.12 · 13 sections
- § 18888 The Legislature finds and declares all of the following: (a) Many Californians find a need, purpose, and great benefit in participating in combat sports. (b)…
- § 18888.1 For purposes of this article: (a) “Beneficiary” means a person entitled under this article to receive benefits after the death of a participating martial…
- § 18888.2 (a) The commission shall, consistent with the purposes of this article, establish the Mixed Martial Arts Retirement Benefit Fund for martial artists who engage…
- § 18888.3 (a) At the time of payment of the fee required by Section 18824, a promoter shall pay to the commission all amounts scheduled for contribution to the MMA Fund.…
- § 18888.4 (a) A promoter may, but is not required to, add to the price of each ticket sold for a professional mixed martial arts contest an amount specifically…
- § 18888.5 (a) After the participating martial artist has vested in the MMA Fund, the participating martial artist shall not be entitled to distribution of the funds held…
- § 18888.6 (a) At the time of initial licensure pursuant to Article 3 (commencing with Section 18640), the commission shall notify the licensee of the licensee’s…
- § 18888.7 (a) (1) The commission may, in its discretion, hold a hearing, or assign the matter to an administrative law judge for a hearing, for the purpose of…
- § 18888.8 A claim by a participating martial artist against the commission arising from the administration of the MMA Fund shall be brought in the County of Sacramento…
- § 18888.9 The commission may adopt regulations to implement, interpret, or make specific this article.
- § 18888.10 (a) The administration of the MMA Fund shall be contingent upon the availability of funds collected pursuant to paragraph (2) of subdivision (b) of Section…
- § 18888.11 This article shall not be construed to create a liability on the General Fund, and the General Fund shall not be used to offset or fund any liabilities…
- § 18888.12 Moneys collected pursuant to this article shall not be used to fund boxer benefits under Article 16 (commencing with Section 18880).