§ 18888.1. — 18888.1. (Added by Stats. 2023, Ch. 466, Sec. 1.)

California § 18888.1.

• Jurisdiction: California
• Code BPC: Business and Professions Code - BPC
• Div. 8.: DIVISION 8. SPECIAL BUSINESS REGULATIONS
• Ch. 2.: CHAPTER 2. Boxing, Wrestling, and Martial Arts
• Art. 17.: ARTICLE 17. Mixed Martial Arts Retirement Benefit Fund

Text

For purposes of this article:
(a)
“Beneficiary” means a person entitled under this article to receive benefits after the death of a participating martial artist.
(b)
“Martial artist” means a licensed professional mixed martial artist, licensed professional kickboxer, licensed professional Muay Thai fighter, or athlete licensed by the commission other than a boxer.
(c)
“Mixed martial arts contest” shall mean a professional martial arts contest approved by the commission, including kickboxing and Muay Thai, other than boxing.
(d)
“MMA Fund” means the Mixed Martial Arts
Retirement Benefit Fund created pursuant to Section 18888.2.
(e)
“Participating martial artist” means a martial artist who participates in a commission-sanctioned contest in the state on or after January 1, 2024, and who is, or may become, eligible to receive a benefit under this article or whose beneficiary may be eligible to receive that benefit.
(f)
“Regular account” means the account maintained by the commission, or its designee, on the records of the MMA Fund for each participating martial artist representing allocations of contributions, adjusted for withdrawals, income, expenses, and released and unrealized gains and losses attributable thereto.

Legislative History

Added by Stats. 2023, Ch. 466, Sec. 1. (AB 1136) Effective January 1, 2024.