(a) At the time of initial licensure pursuant to Article 3 (commencing with Section 18640), the commission shall notify the licensee of the licenseeâs enrollment in the MMA Fund. (b) A participating martial artist shall become vested in the amount credited to the participating martial artistâs regular account when the participating martial artist has fought in at least 39 scheduled rounds in a commission-sanctioned professional mixed martial arts contest held in the state. (c) (1) The commission shall determine the eligibility of a martial artist to receive benefits from the MMA Fund based upon information gathered for the commission by the commission staff. (2) A determination made pursuant to this subdivision shall be conclusive and binding on all persons. (3) A misrepresentation by a martial artist, manager, promoter, or beneficiary shall be grounds for the denial, suspension, or discontinuance of benefits, in whole or in part, or for the cancellation or recovery of benefit payments made due to the commissionâs reliance on the misrepresentation. (d) The commission, or its designee, shall notify any participating martial artist of all of the following when the right to receive benefits from the MMA Fund vests in that martial artist: (1) The date upon which the right to receive the benefits from the MMA Fund vests in the participating martial artist and the dollar amount of the benefits that have accrued as of that date. (2) The date upon which the participating martial artist will first be able to receive benefits from the MMA Fund or will first be able to convert all, or a portion of, those benefits to an early medical or early vocational retirement benefit. (3) The procedure by which the participating martial artist will be able to claim benefits from the MMA Fund. (4) The procedure by which the participating martial artist will be annually notified of the value of the accrued benefits beginning after the date upon which the right to receive the benefits from the MMA Fund vests in the martial artist. (5) The ability of the participating martial artist to designate, pursuant to subdivision (e), one or more beneficiaries of the martial artistâs benefits from the MMA Fund upon the death of the martial artist. (e) (1) (A) A participating martial artist may designate one or more beneficiaries of the martial artistâs benefits from the MMA Fund upon the death of the participating martial artist. (B) A married participating martial artist and that personâs spouse shall both designate any nonspouse beneficiary or beneficiaries. (2) A beneficiary designation made pursuant to this subdivision shall be made in writing on a form provided by the commission, or its designee, and shall include the beneficiaryâs name, date of birth, address, telephone number, and relationship to the martial artist. (3) A participating martial artist shall be responsible for updating the martial artistâs and beneficiaryâs personal information before distribution of a retirement benefit pursuant to this article. (f) If a participating martial artist fails to become vested in the amount credited to the participating martial artistâs regular account before the participating martial artistâs death, the regular account shall be forfeited and reallocated in accordance with subdivision (d) of Section 18888.3. (g) (1) (A) Except as otherwise specifically permitted by law, the assets and benefits of the MMA Fund shall not be subject to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or charge. (B) An anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or charge made in violation of this paragraph shall be null and void. (2) The assets and benefits of the MMA Fund shall not be subject to the debts, contracts, liabilities, or torts of the person entitled to those benefits. (h) (1) Notwithstanding any other law, except as provided in paragraph (2), a form submitted by a participating martial artist
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