1. (a) An athlete agent shall retain the following records for a period of five (5) years:

   1. (1) The name and address of each individual represented by the athlete agent.
   2. (2) A copy of any agency contract entered into by the athlete agent.
   3. (3) A record of any direct costs incurred by the athlete agent in the recruitment or solicitation of a student athlete to enter into an agency contract.
2. (b) Records required by subsection (a) to be retained are open to inspection by the attorney general during normal business hours.

As added by P.L.54-2001, SEC.5.