§ 17-16-110. Required form of contract
(a) An agency contract must be in a record, signed or otherwise authenticated by the parties. (b) An agency contract must state or contain: (1) the amount and method of calculating the consideration to be paid by the student-athlete for services to be provided by the athlete agent under the contract and any other consideration […]
§ 17-16-111. Notice to educational institution
(a) (1) If a student-athlete is enrolled in an educational institution, an athlete agent shall provide notice to the athletic director of the educational institution at which the student-athlete is enrolled before contacting the student-athlete. (2) If an athlete agent intentionally or unintentionally contacts a student-athlete enrolled in an educational institution, the athlete agent shall […]
§ 17-16-112. Student-athlete’s right to cancel
(a) A student-athlete may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within fourteen (14) days after the contract is signed. (b) A student-athlete may not waive the right to cancel an agency contract. (c) If a student-athlete cancels an agency contract, the student-athlete is not […]
§ 17-16-113. Required records
(a) An athlete agent shall retain the following records for a period of five (5) years: (1) the name and address of each individual represented by the athlete agent; (2) any agency contract entered into by the athlete agent; and (3) any direct costs incurred by the athlete agent in the recruitment or solicitation of […]
§ 17-16-114. Prohibited conduct
(a) An athlete agent, with the intent to induce a student-athlete to enter into an agency contract, may not: (1) give any materially false or misleading information or make a materially false promise or representation; (2) furnish a good or service of value or arrange for a good or service of value to be furnished […]
§ 17-16-115. Criminal penalties
(a) An athlete agent who violates § 17-16-114(a) is guilty of a Class D felony. (b) An athlete agent who violates § 17-16-114(b) is guilty of a Class A misdemeanor.
§ 17-16-116. Civil remedies
(a) With respect to any athlete agent who has had either a criminal or administrative penalty imposed against him or her under the Uniform Athlete Agents Act, § 17-16-101 et seq., as adopted by the State of Arkansas or any other State, in two (2) or more prior instances: (1) an educational institution has a […]
§ 17-16-117. Administrative penalty
The Attorney General may seek a civil penalty in any court of competent jurisdiction against an athlete agent not to exceed two hundred fifty thousand dollars ($250,000) for a violation of this subchapter.