[§481Z-10] Required form of agency contract. (a) An agency contract shall be in a record signed by the parties.
(b) An agency contract shall contain:
(c) Subject to subsection (g), an agency contract shall contain a conspicuous notice in boldface type and in substantially the following form:
"WARNING TO STUDENT ATHLETE
IF YOU SIGN THIS CONTRACT:
(d) An agency contract shall be accompanied by a separate record signed by the student athlete or, if the athlete is a minor, the parent or guardian of the athlete acknowledging that signing the contract may result in the loss of the athlete's eligibility to participate in the athlete's sport.
(e) A student athlete or, if the athlete is a minor, the parent or guardian of the athlete may void an agency contract that does not conform to this section. If the contract is voided, any consideration received from the athlete agent under the contract to induce entering into the contract is not required to be returned.
(f) At the time an agency contract is executed, the athlete agent shall give the student athlete or, if the athlete is a minor, the parent or guardian of the athlete a copy in a record of the contract and the separate acknowledgment required by subsection (d).
(g) If a student athlete is a minor, an agency contract shall be signed by the parent or guardian of the minor and the notice required by subsection (c) shall be revised accordingly. [L 2019, c 193, pt of §2]