164.6951 Agreements and agency contracts governed by laws of the

174 words·~1 min read·/ky/164-6951

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Commonwealth -- Parent or guardian of minor may enter into agreement or

agency contract -- Reaffirmation.

(1)For the purposes of this section, "student-athlete" shall have the same meaning as in

KRS 164.6903.

(2)For all student-athletes enrolled in institutions within the Commonwealth, all

institutional agreements, NIL agreements, and agency contracts shall be governed

by the laws of the Commonwealth.

(3)The parent or guardian of a minor student-athlete may enter the minor into an NIL

agreement or an agency contract on the minor's behalf. However, the minor shall

reaffirm the NIL agreement or agency contract within thirty

(30)days of reaching

the age of eighteen

(18)or the contract or agreement shall be revoked.

(4)A student-athlete or prospective student-athlete shall reaffirm an NIL agreement or

an agency contract, either of which was formed or reaffirmed before or while the

student-athlete was participating in intercollegiate athletics at an institution, within

thirty

(30)days of the student-athlete no longer participating in intercollegiate

athletics at that institution or the contract or agreement shall be revoked.