Except as authorized by a state institution of higher education or private college, no student-athlete, to further the student-athlete's opportunities to earn compensation for use of the student-athlete's name, image, or likeness, shall use any of the following that belong to the institution or college:
(A) Facilities;
(B) Equipment;
(C) Apparel;
(D) Uniforms;
(E) Intellectual property, including logos, indicia, products protected by copyright, and registered or unregistered trademarks.