AB829,13,11 8(3) If a student athlete cancels an agency contract, the student athlete is not
9required to pay any consideration under the contract or to return any consideration
10received from the athlete agent to induce the student athlete to enter into the
11contract.
AB829,13,13 12440.9955 Required records. (1) An athlete agent shall retain all of the
13following records for a period of 5 years:
AB829,13,1414 (a) The name and address of each individual represented by the athlete agent.
AB829,13,1515 (b) Any agency contract entered into by the athlete agent.
AB829,13,1716 (c) Any direct costs incurred by the athlete agent in the recruitment or
17solicitation of a student athlete to enter into an agency contract.
AB829,13,20 18(2) Records required by sub. (1) to be retained are open to inspection by the
19department during normal business hours. Upon demand, an athlete agent shall
20provide a copy of such a record to the department.
AB829,13,22 21440.996 Prohibited conduct. (1) An athlete agent, with the intent to induce
22a student athlete to enter into an agency contract, may not do any of the following:
AB829,13,2423 (a) Give any materially false or misleading information or make a materially
24false promise or representation.
AB829,14,2
1(b) Furnish anything of value to a student athlete before the student athlete
2enters into the agency contract.
AB829,14,43 (c) Furnish anything of value to any individual other than the student athlete
4or another registered athlete agent.
AB829,14,5 5(2) An athlete agent may not intentionally do any of the following:
AB829,14,76 (a) Initiate contact with a student athlete unless registered under this
7subchapter.
AB829,14,98 (b) Refuse or fail to retain or permit inspection of the records required to be
9retained by s. 440.9955.
AB829,14,1010 (c) Fail to register when required by s. 440.991.
AB829,14,1211 (d) Provide materially false or misleading information in an application for
12registration or renewal of registration.
AB829,14,1313 (f) Predate or postdate an agency contract.
AB829,14,1714 (g) Fail to notify a student athlete before the student athlete signs or otherwise
15authenticates an agency contract for a particular sport that the signing or
16authentication may make the student athlete ineligible to participate as a student
17athlete in that sport.
AB829,14,19 18440.9965 Criminal penalties. An athlete agent who violates s. 440.996 may
19be fined not more than $10,000 or imprisoned for not more than 9 months or both.
AB829,14,24 20440.997 Civil remedies. (1) An educational institution may bring an action
21against an athlete agent or a former student athlete for damages caused by a
22violation of this subchapter. In an action under this subsection, the court may award
23to the prevailing party costs and, notwithstanding s. 814.04, reasonable attorney
24fees.
AB829,15,7
1(2) Damages of an educational institution under sub. (1) include losses and
2expenses incurred because, as a result of the conduct of an athlete agent or former
3student athlete, the educational institution was injured by a violation of this
4subchapter or was penalized, disqualified, or suspended from participation in
5athletics by a national association for the promotion and regulation of athletics, by
6an athletic conference, or by reasonable self-imposed disciplinary action taken to
7mitigate sanctions likely to be imposed by such an organization.
AB829,15,10 8(3) A right of action under this section does not accrue until the educational
9institution discovers or by the exercise of reasonable diligence would have discovered
10the violation by the athlete agent or former student athlete.
AB829,15,12 11(4) Any liability of the athlete agent or the former student athlete under this
12subchapter is several and not joint.
AB829,15,14 13(5) This subchapter does not restrict rights, remedies, or defenses of any person
14under law or equity.
AB829,15,17 15440.9975 Administrative forfeiture. The department may directly assess
16a forfeiture against an athlete agent of not more than $25,000 for a violation of this
17subchapter.
AB829,15,21 18440.998 Uniformity of application and construction. In applying and
19construing this subchapter, consideration must be given to the need to promote
20uniformity of the law with respect to its subject matter among the states that enact
21the Uniform Athlete Agents Act.
AB829,16,3 22440.9985 Electronic Signatures in Global and National Commerce Act.
23The provisions of this subchapter governing the legal effect, validity, or
24enforceability of electronic records or signatures, and of contracts formed or
25performed with the use of such records or signatures conform to the requirements

1of section 102 of the federal Electronic Signatures in Global and National Commerce
2Act, 15 USC 7002, and supersede, modify, and limit the federal Electronic Signatures
3in Global and National Commerce Act, 15 USC 7001 to 7031.
AB829,16,5 4440.999 Rules. The department shall promulgate rules that define
5unprofessional conduct for purposes of s. 440.992 (2) (c).
AB829, s. 4 6Section 4. Nonstatutory provisions.
AB829,16,157 (1) If an athlete agent, as defined in section 440.99 (2) of the statutes, as created
8by this act, or student athlete, as defined in section 440.99 (11) of the statutes, as
9created by this act, is subject to a contract that is in effect on the effective date of this
10subsection and that contains provisions that are inconsistent with subchapter XII of
11chapter 440 of the statutes, as created by this act, then, notwithstanding subchapter
12XII of chapter 440 of the statutes, as created by this act, the athlete agent or student
13athlete may perform his or her obligations, and exercise his or her rights, under that
14contract until the contract expires, is extended, is modified, or is renewed, whichever
15occurs first.
AB829, s. 5 16Section 5. Appropriation changes.
AB829,16,2217 (1) Position authorization. In the schedule under section 20.005 (3) of the
18statutes for the appropriation to the department of regulation and licensing under
19section 20.165 (1) (g) of the statutes, as affected by the acts of 2001, the dollar amount
20is increased by $31,900 for fiscal year 2002-03 to increase the authorized FTE
21positions for the department by 0.5 PR position to perform services related to the
22regulation of athlete agents.
AB829, s. 6 23Section 6. Initial applicability.
AB829,16,2524 (1) The treatment of section 440.9945 of the statutes first applies to contracts
25entered into on the effective date of this subsection.
AB829,17,2
1(2) The treatment of section 440.997 (2) of the statutes first applies to losses
2or expenses incurred on the effective date of this subsection.
AB829, s. 7 3Section 7. Effective date.
AB829,17,54 (1) This act takes effect on the first day of the 7th month beginning after
5publication.
AB829,17,66 (End)
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