Ohio Code 4771.14 – Maintaining records
(A) An athlete agent shall maintain all of the following records:
Terms Used In Ohio Code 4771.14
- Athlete: means either of the following:
(1) A student enrolled in any educational institution or institution of higher education in this state, who participates, or is or may become eligible to participate, in any athletic sporting event, contest, exhibition, or program at the educational institution or institution of higher education;
(2) A student who meets one of the following criteria:
(a) Resides in this state, is eligible to participate in an amateur athletic program, and has informed an educational institution or institution of higher education, in writing, of the student's intent to participate in that institution's amateur athletic program;
(b) Does not reside in this state but is eligible to participate in an amateur athletic program and has informed, in writing, an educational institution or institution of higher education in this state of the student's intent to participate in that institution's amateur athletic program. See Ohio Code 4771.01
- Athlete agent: means any person who directly or indirectly recruits or solicits any athlete to enter into an agent contract or professional sports services contract, or who for a fee procures, offers, promises, or attempts to obtain employment for an athlete with a professional sports team, or as a professional athlete, or otherwise attempts to market an athlete or an athlete's reputation. See Ohio Code 4771.01
- Contract: A legal written agreement that becomes binding when signed.
(1) The name and address of each athlete for whom the athlete agent performs services as an athlete agent in exchange for compensation;
(2) The amount of fees or compensation received for the performance of services for each athlete;
(3) A copy of the contract entered into between the athlete agent and each athlete;
(4) Any other information the Ohio athletic commission finds appropriate in connection with the provision of services by an athlete agent.
(B) An athlete agent shall maintain all records required to be maintained pursuant to this section, in a manner that the commission shall prescribe, for a period of five years.
(C) No athlete agent or employee or representative of an athlete agent shall make, or cause to be made, any false records or records containing false information.
(D) All financial records, financial books, and other records not subject to the attorney-client privilege that are required to be maintained pursuant to this chapter shall be open to inspection by the commission and its representatives, upon reasonable notice, at the pleasure of the commission.