Code Section

Business and Professions Code - BPC

DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400 - 22949.80]

  ( Division 8 added by Stats. 1941, Ch. 44. )
  

CHAPTER 2. Boxing, Wrestling, and Martial Arts [18600 - 18888.12]

  ( Heading of Chapter 2 renumbered from Chapter 8 by Stats. 1988, Ch. 160, Sec. 6. )
  

ARTICLE 4. Applications [18660 - 18679]
  ( Article 4 added by Stats. 1985, Ch. 1092, Sec. 2. )

  
18667.  

The commission shall not issue any promoter’s license to an applicant unless the commission is satisfied that the applicant is the real party in interest, and intends to conduct, hold, or give such contests itself. In no case shall the commission issue a license to a promoter unless, the promoter will receive at least 25 percent of the net receipts of any promotion.

(Added by Stats. 1985, Ch. 1092, Sec. 2.)