Cal. Bus. & Prof. Code § 18897.27

Current through the 2023 Legislative Session.
Section 18897.27 - No ownership or financial interest in entity that employs athletes or whom athlete agent is attempting to negotiate contract

No athlete agent shall have an ownership or financial interest in any entity that directly employs athletes in the same sport as a person with whom the athlete agent has entered into an agent contract, or for whom the athlete agent is attempting to negotiate an endorsement contract, financial services contract, or professional sports service contract, or for whom the athlete agent provides advice concerning potential or actual employment as a professional athlete.

Ca. Bus. and Prof'l. Code § 18897.27

Added by Stats 2011 ch 63 (SB 101),s 2, eff. 1/1/2012.