Current through Register Vol. 50, No. 9, March 1, 2024
RELATES TO: KRS 164.6907(1), 164.6909, 164.6911,
164.6915
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164.6905(3) authorizes
the Department of Professional Licensing to promulgate administrative
regulations necessary to implement the provisions of KRS 164.6901 to 164.6935.
KRS 164.6909(1) requires the department to prescribe an application form for
registration as an athlete agent. KRS 164.6911(4) requires the department to
prescribe a registration renewal form. This administrative regulation
establishes the procedures and fees for registration and registration renewal
applications of an athlete agent.
Section
1. Application Procedures.
(1)
Initial registrations may be submitted at any time. An applicant for initial
registration shall submit:
(a) A completed
Athlete Agent Registry Application Form, Form AAR-002, with all attachments
required by the form;
(b) An
initial registration fee of $300;
(c) A copy of each agent contract with a
student athlete in the Commonwealth of Kentucky; and
(d) A copy of all licenses or permits under
which the agent is providing representation, advice, or serving as an agent in
any way.
(2) The initial
registration and each renewal registration shall be valid for two (2) years.
The expiration date of each term of the registration shall be the date
immediately preceding the anniversary of the initial date of
registration.
(3) Renewal
registrations shall be submitted within 120 days prior to the expiration of the
current term of the registration. Any registration that is not renewed within
such 120 day period shall be considered automatically revoked. An athlete agent
applying for registration renewal shall submit:
(a) A completed Athlete Agent Registry
Application Form, Form number AAR-002; and
(b) A renewal registration fee of
$200.
(4) The Department
may request clarification and verification of information provided in the
application prior to granting initial or renewal registration.
Section 2. Incorporation by
Reference.
(1) "Application for Athlete Agent
Registry or Renewal", Form AAR-002, November 2019, is incorporated by
reference.
(2) This material may be
inspected, copied, or obtained, subject to applicable copyright law, at the
Department of Professional Licensing, 500 Mero St., Frankfort, Kentucky 40601,
Monday through Friday, 8 a.m. to 4:30 p.m.
STATUTORY AUTHORITY: KRS 164.6905(3), 164.6909(1),
164.6911(4)
