Section 4-412 - Retention of records by athlete agent.

§ 4-412. Retention of records by athlete agent.
 

(a)  Records to be retained.- An athlete agent shall retain the following records for a period of 5 years: 

(1) the name of each individual represented by the athlete agent; 

(2) the address of each individual represented by the athlete agent; 

(3) any agency contract entered into by the athlete agent; and 

(4) any direct costs incurred by the athlete agent in the recruitment or solicitation of a student-athlete to enter into an agency contract. 

(b)  Inspection.- Records required to be retained by subsection (a) of this section are open to inspection by the Secretary during normal business hours. 
 

[2003, ch. 421, § 2.]