5. The athlete agent shall give a record of the signed or otherwise
authenticated agency contract to the student athlete at the time of execution of
the contract.
2009 Acts, ch
33, §10
9A.111 Notice to educational institution.
1. Within seventy-two hours after entering into an agency contract or before the
next scheduled athletic event in which the student athlete may participate,
whichever occurs first, the athlete agent shall give notice in a record of the
existence of the contract to the athletic director of the educational institution at
which the student athlete is enrolled or at which the athlete agent has reasonable
grounds to believe the student athlete intends to enroll.
2. Within seventy-two hours after entering into an agency contract or before the
next athletic event in which the student athlete may participate, whichever occurs
first, the student athlete shall inform the athletic director of the educational
institution at which the student athlete is enrolled or intends to enroll that the
student athlete has entered into an agency contract.
2009 Acts, ch
33, §11
9A.112 Student athlete’s right to cancel.
1. A student athlete may cancel an agency contract by giving notice of the
cancellation to the athlete agent in a record within fourteen days after the
contract is signed.
2. A student athlete shall not waive the right to cancel an agency contract.
3. If a student athlete cancels an agency contract, the student athlete is not
required to pay any consideration under the contract or to return any
consideration received from the athlete agent to induce the student athlete to
enter into the contract.
2009 Acts, ch
33, §12
9A.113 Required records.
1. An athlete agent shall retain the following records for a period of five years:
a. The name and address of each individual represented by the athlete agent.
b. Any agency contract entered into by the athlete agent.
c. Any direct costs incurred by the athlete agent in the recruitment or
solicitation of a student athlete to enter into an agency contract.
2. Records required to be retained pursuant to
subsection 1
are open to
inspection by the secretary of state during normal business hours.
2009 Acts, ch
33, §13