Rule 54-7-.02. Violations: Felony, Unregistered Practice, Void Contract
Rule 54-7-.02. Violations: Felony, Unregistered Practice, Void Contract
- (1) Any person who violates Chapter 43-4A shall be guilty of a felony and, upon conviction thereof, shall be punished by a fine of not less than $5,000.00 or more than $100,000.00 or by imprisonment from one to five years, or both.
- (2) Any agent contract or professional services contract that is negotiated for, with, or on behalf of an athlete by a person who has not first registered with the Secretary of State is void.
Authority: O.C.G.A. §§ 43-4A-11, 43-4A-4.
History. Original Rule entitled "Unregistered Practice; Felony, Void Contract" adopted. F. Oct. 17, 1989; eff. Nov. 6, 1989.
Amended: New title "Violations: Felony, Unregistered Practice, Void Contract." F. Apr. 21, 2021; eff. May 11, 2021.