PocketLaw | Code Of Alabama | Alabama Athlete Agents Regulatory Act.

Alabama Athlete Agents Regulatory Act.

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Short Title.

Section
8-26-1.1

Legislative Findings.

Definitions.

Alabama Athlete Agent Regulatory Commission Created; Members; Terms of Office; Vacancies; Reappointment; Oath; Removal; Officers; Quorum; Records; Annual Register; Employees, Rules and Regulations; Compensation and Expenses.

Registration of Athlete Agents Required.

Application for Registration.

Evaluation of Applicant and Principal Place of Business.

Grounds for Refusal to Grant Registration; Notice of Refusal and Opportunity for Hearing; Hearing Procedure; Determination of Commission; Appeals; Effective Date of Orders and Judgments.

Revocation or Suspension of Registration; Procedure; Reinstatement.

Duration of Registration; Renewal Application, Bond, and Fee.

Section
8-26-10

Temporary or Provisional Registration.

Section
8-26-11

Disclosure of Names and Addresses of Financially Interested Persons.

Section
8-26-12

Filing and Registration Fees.

Section
8-26-13

Setting of Fees by Commission.

Section
8-26-14

Surety Bond - Requirement; Amount; Malpractice Coverage in Lieu of Bond; Certificate of Deposit Payable to Commission or Savings Account Assigned to Commission in Lieu of Bond.

Section
8-26-15

Surety Bond - to Whom Payable; Conditions; Damages Not Limited to Amount of Bond, Etc.

Section
8-26-16

Surety Bond - Suspension for Failure to Maintain Coverage.

Section
8-26-17

Disposition of Moneys and Fines Collected; Alabama Athlete Agent Regulatory Commission Fund.

Section
8-26-18

Contents of Registration.

Section
8-26-19

Applicability of Registration.

Section
8-26-20

Certificate of Convenience Where Registered Person Has Died, Been Declared Incompetent, or for Whose Estate a Conservator Has Been Appointed.

Section
8-26-21

Eligibility for Certificate of Convenience; Duration and Renewal of Certificate.

Section
8-26-22

Contracts - Approved Form and Content; Agent to Register Presence on Campus, etc.; Notice of Negotiations, etc.; Contract Requirements; Rescission; Penalties.

Section
8-26-23

Contracts — Statement That Amateur Standing May Be Jeopardized.

Section
8-26-24

Limit on Athlete Agent's Fee.

Section
8-26-25

Trust Fund Where Athlete Agent Is Recipient of Athlete's Salary.

Section
8-26-26

Records to Be Kept by Athlete Agent.

Section
8-26-27

Maintenance of Financial and Business Records; Access to Records by Commission; Subpoena Power.

Section
8-26-28

Rules and Regulations.

Section
8-26-29

Sale or Transfer of Athlete Agent's Interest in Profits of the Athlete Agent.

Section
8-26-30

Interest in Entity Directly Involved in Same Sport Prohibited.

Section
8-26-31

Disclosure of Athlete Agent's Interest in Entity Used in Giving Investment Advice.

Section
8-26-32

Contracts in Violation of Law.

Section
8-26-33

Publication of False, Fraudulent, etc., Information; Advertisements of Athlete Agent; False Information or Promises Concerning Employment.

Section
8-26-34

Division of Fees With Professional Sports League Prohibited; Offers of Compensation to University Employees for Referrals; Employee of Union or Players Association May Not Have Interest in Revenues.

Section
8-26-35

Limit on Athlete Agent's Fee Where Athlete Fails to Procure or Be Paid for Employment.

Section
8-26-36

Parties to Action Against Athlete Agent; Transfer and Assignment of Action; Jurisdiction Determined by Damages Claimed.

Section
8-26-37

Service of Process Where Athlete Agent Departs State With Intent to Defraud or Avoid Service.

Section
8-26-38

Referral of Disputes to Commission; Appeal; Certification That No Controversy Exists.

Section
8-26-39

Validity of Provisions as to Arbitration, Existence of Contract, Validity, Construction, Performance, Nonperformance, Breach, Operation, Continuance, or Termination.

Section
8-26-40

Effect of Failure to Comply With Section 8-26-4.

Section
8-26-41

Penalties for Violation of Chapter.