164.6929 Right of action of educational institution for damages caused by violation of KRS 164.6901 to 164.6935.
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<![CDATA[ Page 1 of 1 164.6929 Right of action of educational institution for damages caused by violation of KRS 164.6901 to 164.6935. (1) An educational institution has a right of action against an athlete agent or a former student-athlete for damages caused by a violation of KRS 164.6901 to 164.6935. In <br>an action under this section, the court may award to the prevailing party costs and <br>reasonable attorney's fees. (2) Damages of an educational institution under subsection (1) of this section include losses and expenses incurred because, as a result of the conduct of an athlete agent <br>or former student-athlete, the educational institution was injured by a violation of <br>KRS 164.6901 to 164.6935 or was penalized, disqualified, or suspended from <br>participation in athletics by a national association for the promotion and regulation <br>of athletics, by an athletic conference, or by reasonable self-imposed disciplinary <br>action taken to mitigate sanctions likely to be imposed by such an organization. (3) A right of action under this section does not accrue until the educational institution discovers or by the exercise of reasonable diligence would have discovered the <br>violation by the athlete agent or former student-athlete. (4) Any liability of the athlete agent or the former student-athlete under this section is several and not joint. (5) The office may assess a civil penalty against an athlete agent not to exceed twenty-five thousand dollars ($25,000) for a violation of KRS 164.6901 to 164.6935. (6) KRS 164.6901 to 164.6935 does not restrict rights, remedies, or defenses of any person under law or equity. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 221, effective July 15, 2010. -- Repealed and reenacted 2003 Ky. Acts ch. 172, sec. 15, effective June 24, 2003. -- Created <br>1998 Ky. Acts ch. 259, sec. 7, effective July 15, 1998. Formerly codified as KRS 164.686. ]]>