{"data":{"id":"us-ky/krs-164.6943","jurisdiction":"us-ky","citation":"KRS 164.6943","heading":"Restrictions on institutions and associations regarding student -athletes'","body":"agreements and agents.\n(1) An institution or an association shall not prohibit a student -athlete from lawfully\nearning compensation through a name, image, and likeness a greement with a third\nparty, except as otherwise agreed to in an institutional agreement between the\nstudent-athlete and the institution or affiliated corporation, or from obtaining an\nathlete agent and shall not penalize an athlete for doing so. However, an institution\nor an intercollegiate athletic association may require that compensation be\nconsistent with the prevailing range of compensation.\n(2) An institution shall not revoke a student -athlete's scholarship or allow eligibility for\na scholarship to b e adversely impacted because of an athlete lawfully earning\ncompensation through an NIL agreement or obtaining an athlete agent, unless the\nathlete has violated a reasonable restriction imposed by the institution under KRS\n164.6947. However, a student -athlete's need -based financial assistance or an\nacademic scholarship based in part on financial need may be affected by the income\ngenerated by an institutional agreement or an NIL agreement.\n(3) An association shall not prohibit an institution from participat ing in intercollegiate\nathletics due to an institution's student -athlete lawfully earning compensation\nthrough an NIL agreement with a third party or obtaining an athlete agent and shall\nnot penalize an institution for its student-athlete doing so.","path":["KRS Chapter 164"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=55878","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:17Z","sha256":"d6029bf71485c88deb4a5084be44dfd2d51366902a4827b878f0bc73623d57d3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-164.6941","next":"us-ky/krs-164.6945"},"notice":"GroundRules: Original legal text. Not legal advice."}