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An application for registration or renewal of registration as an athlete agent must be accompanied by a fee in the following amount:
Five hundred dollars ($500) for an initial application for registration;
Five hundred dollars ($500) for registration based on a certificate of registration issued by another state;
Two hundred dollars ($200) for an application for renewal of registration; or
Two hundred dollars ($200) for renewal of registration based on a renewal of registration in another state.
All fees submitted for registration or renewal of registration pursuant to this part are nonrefundable regardless of whether the secretary of state issues or denies registration or renewal of registration.
All fees collected pursuant to this part shall be used by the secretary of state to defray the costs of administering this part.
In addition to the fees provided in subsection (a), an athlete agent, registered pursuant to this part, is subject to § 67-4-1702 [See Compiler's Notes.].