Beginning Nov. 15, International Boxing Organization junior welterweight title-holder Manny Pacquiao will have 60 days to decide whether he’ll defend or relinquish his championship, according to a Wednesday statement from IBO President Ed Levine.

The IBO is the only sanctioning body to recognize Pacquiao as a world champion.

“Manny Pacquiao was notified that he will be given time to decide whether to defend his championship at 140 pounds or vacate the title,” Levine said. “He is still well within his time requirements to make a title defense in the weight class. So, we’ll allow him a chance to decide and notify us.”

Levine released the statement in response to several inquiries about Pacquiao’s title status.

Pacquiao won the IBO belt from then-champion Ricky Hatton in May and is scheduled to meet Miguel Cotto in a welterweight bout in Las Vegas on Nov. 14.

According to IBO rules, “all champions, with the exception of the heavyweight champion, shall defend their title at least once every nine months unless me... Full Boxing Article here...