Code of Alabama
Chapter 26 - Alabama Athlete Agents Regulatory Act.
Section 8-26-23 - Contracts — Statement That Amateur Standing May Be Jeopardized.

Code of Alabama

Title 8 - Commercial Law and Consumer Protection.

Chapter 26 - Alabama Athlete Agents Regulatory Act.

Section 8-26-1 - Short Title.

Section 8-26-1.1 - Legislative Findings.

Section 8-26-2 - Definitions.

Section 8-26-3 - 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.

Section 8-26-4 - Registration of Athlete Agents Required.

Section 8-26-5 - Application for Registration.

Section 8-26-6 - Evaluation of Applicant and Principal Place of Business.

Section 8-26-7 - 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.

Section 8-26-8 - Revocation or Suspension of Registration; Procedure; Reinstatement.

Section 8-26-9 - 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.