KRS 164.6925: Prohibited acts -- Authorization to pay certain expenses.

(1) Except as otherwise provided in subsection (3) of this section, an athlete agent, with

the intent to influence a student -athlete or, if the student-athlete is a minor, a parent

or guardian of the student-athlete to enter into an agency contract, may not ta ke any

of the following actions or encourage any other individual to take or assist any other

individual in taking any of the following actions on behalf of the athlete agent:

(a) Give any materially false or misleading information or make a materially false

promise or representation;

(b) Furnish anything of value to a student -athlete before the student-athlete enters

into the agency contract; or

(c) Furnish anything of value to any individual other than the student -athlete or

another registered athlete agent.

(2) An athlete agent shall not intentionally do any of the following or encourage any

other individual to do any of the following on behalf of the agent:

(a) Initiate contact, directly or indirectly, with a student -athlete or, if the student -

athlete is a minor, a parent or guardian of the student -athlete, to recruit or

solicit the student -athlete, parent, or guardian to enter an agency contract

unless registered under KRS 164.6901 to 164.6935;

(b) Fail to create or retain or permit inspection of the rec ords required to be

retained by KRS 164.6923;

(c) Fail to register when required by KRS 164.6907;

(d) Provide materially false or misleading information in an application for

registration or renewal of registration;

(e) Predate or postdate an agency contract; or

(f) Fail to notify a student -athlete or, if the student -athlete is a minor, a parent or

guardian of the student -athlete, before the student -athlete, parent, or guardian

signs or otherwise authenticates an agency contract for a particular sport that

the signing or authentication may make the student -athlete ineligible to

participate as a student-athlete in that sport.

(3) An athlete agent registered under KRS 164.6901 to 164.6935 who is certified as an

athlete agent in a particular sport by a national association that promotes or

regulates intercollegiate athletics and establishes eligibility standards for

participation by a student athlete in the sport may pay expenses incurred before the

signing of an agency contract by a student athlete, a family me mber of the student

athlete, and an individual who is a member of a class of individuals authorized to

receive payment for the expenses by the national association that certified the agent

if the expenses are:

(a) For the benefit of the athlete who is a member of a class of athletes authorized

to receive the benefit by the national association that certified the agent;

(b) Of a type authorized to be paid by a certified agent by the national association

that certified the agent; and

(c) For a purpose authorized by the national association that certified the agent.