(a)  Except as otherwise provided in subsection (b) of this section, an individual may not act as an athlete agent in this state without holding a certificate of registration under § 5-74.1-6 or § 5-74.1-8.

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Terms Used In Rhode Island General Laws 5-74.1-4

  • Agency contract: means an agreement in which a student athlete authorizes a person to negotiate or solicit on behalf of the student athlete a professional sports services contract or an endorsement contract. See Rhode Island General Laws 5-74.1-2
  • Athlete agent: means an individual who enters into an agency contract with a student athlete or, directly or indirectly, recruits or solicits a student athlete to enter into an agency contract. See Rhode Island General Laws 5-74.1-2
  • Contract: A legal written agreement that becomes binding when signed.
  • Person: means an individual, corporation, business trust, estate, trust, partnership, limited-liability company, association, joint venture, government, governmental subdivision, agency, or instrumentality, public corporation, or any other legal or commercial entity. See Rhode Island General Laws 5-74.1-2
  • Registration: means registration as an athlete agent pursuant to this chapter. See Rhode Island General Laws 5-74.1-2
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Rhode Island General Laws 5-74.1-2
  • Student athlete: means an individual who engages in, is eligible to engage in, or may be eligible in the future to engage in, any intercollegiate sport. See Rhode Island General Laws 5-74.1-2

(b)  Before being issued a certificate of registration, an individual may act as an athlete agent in this state for all purposes except signing an agency contract, if:

(1)  A student athlete or another person acting on behalf of the student athlete initiates communication with the individual; and

(2)  Within seven (7) days after an initial act as an athlete agent, the individual submits an application for registration as an athlete agent in this state.

(c)  An agency contract resulting from conduct in violation of this section is void and the athlete agent shall return any consideration received under the contract.

History of Section.
P.L. 2008, ch. 246, § 2.