No state institution of higher education, private college, athletic association, conference, or other group or organization with authority over intercollegiate athletics shall do any of the following:
(A) Prevent a student-athlete from earning compensation for use of the student-athlete's name, image, or likeness if the student-athlete earns that compensation in accordance with this chapter;
(B) Prevent a student-athlete from obtaining professional representation from an athlete agent or attorney;
(C) Interfere with or prevent a student-athlete from fully participating in intercollegiate athletics because the student-athlete obtains professional representation from an athlete agent or attorney.
(D) Enter into, renew, or modify any agreement that prohibits a student-athlete from earning compensation for use of the student-athlete's name, image, or likeness while the student-athlete is engaged in activities that do not relate to academic, athletic department, or official team activities.