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(a) Except as otherwise provided in subsection (b), an individual may not act as an athlete agent in this State without holding a certificate of registration under section 656 or 658 of this title.
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(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:
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(1) a student-athlete or another person acting on behalf of the student athlete initiates communication with the individual; and
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(2) within seven days after an initial act as an athlete agent, the individual submits an application for registration as an athlete agent in this State.
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(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.