[§481E-12]  Required records.  (a)  An
athlete agent shall retain the following records for a period of five years:



(1)  The name and address of each individual
represented by the athlete agent;



(2)  Any agency contract entered into by the athlete
agent; and



(3)  Any direct costs incurred by the athlete agent in
the recruitment or solicitation of a student-athlete to enter into an agency
contract.



(b)  Records required by subsection (a) to be
retained shall be open to inspection by the director during normal business
hours. [L 2007, c 248, pt of §2]