California § 18881 - The commission shall, consistent with the purposes of this article, establish a p
Full text of California Public Contract Code - PCC § 18881 — The commission shall, consistent with the purposes of this article, establish a p, with citation guidance and answers to common questions.
§ 18881. The commission shall, consistent with the purposes of this article, establish a p
(a) The commission shall, consistent with the purposes of this article, establish a pension plan for professional boxers who engage in boxing contests in this state. (b) (1) The commission shall, consistent with the purposes of this article, establish the method by which the pension plan will be financed, including those who shall contribute to the financing of the pension plan. (2) The method of financing the pension plan shall include an assessment in the amount of one dollar ($1) on each ticket sold for a professional boxing contest held in the state, up to a maximum contribution of ten thousand dollars ($10,000) per contest. (3) The method for financing the pension plan may include a contribution by boxers, managers, promoters, or any one or more of these persons, in an amount sufficient to finance the pension plan. (c) Any pension plan established by the commission shall be actuarially sound.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 18881
What does Public Contract Code - PCC § 18881 cover?
Section 18881 ("The commission shall, consistent with the purposes of this article, establish a p") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 18881?
A common citation format is "Public Contract Code - PCC § 18881" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 18881 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.