California Code of Regulations
Title 4 - Business Regulations
Division 2 - State A thletic Commission
Chapter 1 - Professional Boxing Rules
Article 3 - Contracts and Financial Arrangements
Section 233 - Time and Manner of Payment

Universal Citation: 4 CA Code of Regs 233
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

All payment of purses shall be made immediately after the contest or exhibition, or, in case of a percentage contract, immediately after the percentage is determined by the commission inspectors unless otherwise ordered by the commission.

The club's authorized representative shall, unless otherwise ordered by the commission's representative in the club office, deliver check or checks made out by the club as payor to all parties entitled to payment. The club shall take a receipt for all payments made by checks, and deliver a copy of such receipt to the commission. The form of this payoff sheet shall be furnished by the commission and completed by the inspector.

1. Change without regulatory effect of NOTE (Register 87, No. 5).

Note: Authority cited: Section 18611, Business and Professions Code. Reference: Sections 18640 and 18854, Business and Professions Code.

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