398.480 - Retention and inspection of records; duty to file updated information.

398.480  Retention and inspection of records; duty to file updated information.

      1.  An athlete’s agent shall retain the following records for 5 years:

      (a) The name and address of each natural person the agent represents;

      (b) Any contract of agency into which the agent enters; and

      (c) Any direct cost the agent incurs in recruiting or soliciting a student athlete to enter into a contract of agency.

      2.  Records required by this section to be retained:

      (a) Are open to inspection by the Secretary of State during normal business hours; and

      (b) May be maintained in any form of data storage if they are readily accessible to the Secretary of State.

      3.  If the information contained in a document filed with the Secretary of State as part of an application for registration is or becomes inaccurate or incomplete, the registered person shall file correcting information within 30 days.

      (Added to NRS by 2001, 1302; A 2003, 2125)