N.Y. General Business Law § 899-c: Athlete agents; registration required; void contracts

§ 899-c. Athlete agents; registration required; void contracts. 1.

Except as otherwise provided in subdivision two of this section, an

individual shall not act as an athlete agent in this state without

holding a certificate of registration issued pursuant to section eight

hundred ninety-nine-e of this article.

2. Before being issued a certificate of registration, an individual

may act as an athlete agent in this state for all purposes except

signing an agency contract, if:

(a) a student-athlete or another person acting on behalf of the

student-athlete initiates communication with such individual; and

(b) within seven days after an initial act as an athlete agent, such

individual submits an application for registration as an athlete agent

in this state.

3. An agency contract resulting from conduct in violation of this

section shall be void. In the event a student-athlete voids an agency

contract, the student-athlete shall not be required to pay any

consideration under such contract or to return any consideration

received from the athlete agent to induce the student-athlete to enter

into the contract, and the athlete agent shall be required to return any

consideration received pursuant to such voided agency contract.

4. An agency contract shall be void and unenforceable unless it is in

writing.