Utah Code 58-87-404. Civil and administrative penalty

58-87-404. Civil and administrative penalty.

(1)	The division may assess a civil penalty against an athlete agent not to exceed $25,000 for a violation of this chapter.

Terms Used In Utah Code 58-87-404

Athlete agent: means an individual, whether or not registered under this chapter, who:

(i)

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;

(ii)

for compensation or in anticipation of compensation related to a student athlete's participation in athletics:

(A)	serves the athlete in an advisory capacity on a matter related to finances, business pursuits, or career management decisions, unless the individual is an employee of an educational institution acting exclusively as an employee of the institution for the benefit of the institution; or

(B)	manages the business affairs of the athlete by providing assistance with bills, payments, contracts, or taxes; or

(iii)

in anticipation of representing a student athlete for a purpose related to the athlete's participation in athletics:

(A)	gives consideration to the student athlete or another person;

(B)	serves the athlete in an advisory capacity on a matter related to finances, business pursuits, or career management decisions; or

(C)	manages the business affairs of the athlete by providing assistance with bills, payments, contracts, or taxes. See Utah Code 58-87-102
(2)	An administrative penalty collected under Subsection (1) shall be deposited into the Commerce Service Account created in Section 13-1-2.

Renumbered and Amended by Chapter 225, 2017 General Session

Previous section

Next section

Part 4 Contents