Iowa Code 9A.113 – Required records

1. An athlete agent shall create and retain for five years records of all of the following:

a. The name and address of each individual represented by the agent.

b. Each agency contract entered into by the agent.

c. The direct costs incurred by the agent in the recruitment or solicitation of each student athlete to enter into an agency contract.

Agency contract: means an agreement in which a student athlete authorizes a person to negotiate or solicit on behalf of the athlete a professional sports services contract or an endorsement contract. See Iowa Code 9A.102
Athlete agent: means an individual, whether or not registered under this chapter, who does any of the following:
(1) Directly or indirectly, recruits or solicits a student athlete to enter into an agency contract or, for compensation, procures employment or offers, promises, attempts, or negotiates to obtain employment for a student athlete as a professional athlete or member of a professional sports team or organization. See Iowa Code 9A.102
Contract: A legal written agreement that becomes binding when signed.
following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Iowa Code 9A.102
Student athlete: means an individual who is eligible to attend an educational institution and engages in, is eligible to engage in, or may be eligible in the future to engage in, any interscholastic or intercollegiate sport. See Iowa Code 9A.102

2. Records described in subsection 1 are open to inspection by the secretary of state during normal business hours.