California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2.5 — Athlete AgentsArticle 2 — Professional Athletes and Athlete AgentsSection 18897.23
(a) Every athlete agent shall maintain records which include the following information:
(1) The name and address of each person employing the athlete agent.
(2) The amount of fee received from that person.
(b) No athlete agent or athlete agent’s representative or employee shall make any false entry in the records. All records required by this section shall be kept for at least seven years.
(c) This section does not apply to any business of the athlete agent other than the athlete agent business.
Notes
Requires every athlete agent to keep records identifying each employer and address and the fee received, and prohibits false entries by the agent, representatives, or employees. Required records must be retained for at least seven years; the recordkeeping rule does not apply to the agent’s businesses other than athlete-agent business.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18897.23 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2-5/article-2/section-18897-23