1. An athlete agent shall retain the following records for a period of five years: (1) The name and address of each individual represented by the athlete agent; (2) Any agency contract entered into by the athlete agent; and (3) Any direct costs incurred by the athlete agent in the recruitment or solicitation of a student athlete. 2. Records required by subsection 1 of this section to be retained are open to inspection by the director during normal business hours.
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