{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/54.1-534.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/54.1-534.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/54.1-534.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/54.1-534.html"}],"law_id":71796,"edition_id":1,"section_id":71796,"structure_id":13306,"section_number":"54.1-534","catch_line":"Required form of agency contract","history":"2020, c. 481, \u00a7 54.1-527.","full_text":"A\n\nAn agency contract shall be in a record signed by the parties.B\n\nAn agency contract shall contain:1\n\nA statement that the athlete agent is registered as an athlete agent in the Commonwealth and a list of any other states in which the agent is registered as an athlete agent;2\n\nThe amount and method of calculating the consideration to be paid by the student-athlete for services to be provided by the agent under the contract and any other consideration the agent has received or will receive from any other source for entering into the contract or providing the services;3\n\nThe name of any person not listed in the agent&#8217;s application for registration or renewal of registration which will be compensated because the student-athlete signed the contract;4\n\nA description of any expenses the student-athlete agrees to reimburse;5\n\nA description of the services to be provided to the student-athlete;6\n\nThe duration of the contract; and7\n\nThe date of execution.C\n\nSubject to subsection G, an agency contract shall contain a conspicuous notice in boldface type and in substantially the following form:\n\t\t\t&#8220;WARNING TO STUDENT-ATHLETE\n\t\t\tIF YOU SIGN THIS CONTRACT:1\n\nYOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT-ATHLETE IN YOUR SPORT;2\n\nIF YOUR EDUCATIONAL INSTITUTION HAS AN ATHLETIC DIRECTOR, WITHIN 72 HOURS OF SIGNING THIS CONTRACT OR BEFORE THE NEXT SCHEDULED ATHLETIC EVENT IN WHICH YOU PARTICIPATE, WHICHEVER OCCURS FIRST, BOTH YOU AND YOUR ATHLETE AGENT MUST NOTIFY YOUR ATHLETIC DIRECTOR THAT YOU HAVE ENTERED INTO THIS CONTRACT AND PROVIDE THE NAME AND CONTACT INFORMATION OF THE ATHLETE AGENT; AND3\n\nYOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS. HOWEVER, CANCELLATION OF THIS CONTRACT DOES NOT GUARANTEE REINSTATEMENT OF YOUR ELIGIBILITY AS A STUDENT-ATHLETE IN YOUR SPORT.&#8221;D\n\nAn agency contract shall be accompanied by a separate record signed by the student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete acknowledging that signing the contract may result in the loss of the student-athlete&#8217;s eligibility to participate in the student-athlete&#8217;s sport.E\n\nA student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete may void an agency contract that does not conform to this section. If the contract is voided, any consideration received from the athlete agent under the contract to induce entering into the contract is not required to be returned.F\n\nAt the time an agency contract is executed, the athlete agent shall give the student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete a copy in a record of the contract and the separate acknowledgement required by subsection D.G\n\nIf a student-athlete is a minor, an agency contract shall be signed by the parent or guardian of the student-athlete and the notice required by subsection C shall be revised accordingly.","order_by":null,"text":{"0":{"id":258653,"text":"An agency contract shall be in a record signed by the parties.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":258654,"text":"An agency contract shall contain:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":258655,"text":"A statement that the athlete agent is registered as an athlete agent in the Commonwealth and a list of any other states in which the agent is registered as an athlete agent;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":258656,"text":"The amount and method of calculating the consideration to be paid by the student-athlete for services to be provided by the agent under the contract and any other consideration the agent has received or will receive from any other source for entering into the contract or providing the services;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":258657,"text":"The name of any person not listed in the agent&#8217;s application for registration or renewal of registration which will be compensated because the student-athlete signed the contract;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":258658,"text":"A description of any expenses the student-athlete agrees to reimburse;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":258659,"text":"A description of the services to be provided to the student-athlete;","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"7":{"id":258660,"text":"The duration of the contract; and","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"B7"},"8":{"id":258661,"text":"The date of execution.","type":"section","prefixes":["B","7"],"prefix":"7","entire_prefix":"B7","prefix_anchor":"B7","level":2,"prior_prefix":"B6","next_prefix":"C"},"9":{"id":258662,"text":"Subject to subsection G, an agency contract shall contain a conspicuous notice in boldface type and in substantially the following form:\n\t\t\t&#8220;WARNING TO STUDENT-ATHLETE\n\t\t\tIF YOU SIGN THIS CONTRACT:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B7","next_prefix":"C1"},"10":{"id":258663,"text":"YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT-ATHLETE IN YOUR SPORT;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"11":{"id":258664,"text":"IF YOUR EDUCATIONAL INSTITUTION HAS AN ATHLETIC DIRECTOR, WITHIN 72 HOURS OF SIGNING THIS CONTRACT OR BEFORE THE NEXT SCHEDULED ATHLETIC EVENT IN WHICH YOU PARTICIPATE, WHICHEVER OCCURS FIRST, BOTH YOU AND YOUR ATHLETE AGENT MUST NOTIFY YOUR ATHLETIC DIRECTOR THAT YOU HAVE ENTERED INTO THIS CONTRACT AND PROVIDE THE NAME AND CONTACT INFORMATION OF THE ATHLETE AGENT; AND","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"12":{"id":258665,"text":"YOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS. HOWEVER, CANCELLATION OF THIS CONTRACT DOES NOT GUARANTEE REINSTATEMENT OF YOUR ELIGIBILITY AS A STUDENT-ATHLETE IN YOUR SPORT.&#8221;","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2","next_prefix":"D"},"13":{"id":258666,"text":"An agency contract shall be accompanied by a separate record signed by the student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete acknowledging that signing the contract may result in the loss of the student-athlete&#8217;s eligibility to participate in the student-athlete&#8217;s sport.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C3","next_prefix":"E"},"14":{"id":258667,"text":"A student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete may void an agency contract that does not conform to this section. If the contract is voided, any consideration received from the athlete agent under the contract to induce entering into the contract is not required to be returned.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"F"},"15":{"id":258668,"text":"At the time an agency contract is executed, the athlete agent shall give the student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete a copy in a record of the contract and the separate acknowledgement required by subsection D.","type":"section","prefixes":["F"],"prefix":"F","entire_prefix":"F","prefix_anchor":"F","level":1,"prior_prefix":"E","next_prefix":"G"},"16":{"id":258669,"text":"If a student-athlete is a minor, an agency contract shall be signed by the parent or guardian of the student-athlete and the notice required by subsection C shall be revised accordingly.","type":"section","prefixes":["G"],"prefix":"G","entire_prefix":"G","prefix_anchor":"G","level":1,"prior_prefix":"F"}},"ancestry":[{"id":13306,"edition_id":1,"name":"Athlete Agents","identifier":"5.2","label":"chapter","depth":3,"order_by":1,"parent_id":12755,"metadata":{},"date_created":"2026-06-26 03:44:37","date_modified":"2026-06-26 03:44:37","permalink":{"id":240761,"object_type":"structure","relational_id":13306,"identifier":"5.2","token":"54.1\/II\/5.2","url":"\/54.1\/II\/5.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12755,"edition_id":1,"name":"Professions and Occupations Regulated by the Department of Professional and Occupational Regulation and Boards Within the Department","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12754,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239415,"object_type":"structure","relational_id":12755,"identifier":"II","token":"54.1\/II","url":"\/54.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12754,"edition_id":1,"name":"Professions and Occupations","identifier":"54.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239313,"object_type":"structure","relational_id":12754,"identifier":"54.1","token":"54.1","url":"\/54.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":61060,"structure_id":13306,"section_number":"54.1-526","catch_line":"Definitions","url":"\/54.1-526\/","token":"54.1\/II\/5.2\/54.1-526","metadata":false},{"id":76371,"structure_id":13306,"section_number":"54.1-527","catch_line":"Authority; procedure","url":"\/54.1-527\/","token":"54.1\/II\/5.2\/54.1-527","metadata":false},{"id":81682,"structure_id":13306,"section_number":"54.1-528","catch_line":"Athlete agent; registration required; void contract","url":"\/54.1-528\/","token":"54.1\/II\/5.2\/54.1-528","metadata":false},{"id":71929,"structure_id":13306,"section_number":"54.1-529","catch_line":"Registration as athlete agent; application; requirements; reciprocal registration; penalty","url":"\/54.1-529\/","token":"54.1\/II\/5.2\/54.1-529","metadata":false},{"id":75849,"structure_id":13306,"section_number":"54.1-530","catch_line":"Certificate of registration; issuance or denials; renewal","url":"\/54.1-530\/","token":"54.1\/II\/5.2\/54.1-530","metadata":false},{"id":74728,"structure_id":13306,"section_number":"54.1-531","catch_line":"Suspension, revocation, or refusal to renew registration","url":"\/54.1-531\/","token":"54.1\/II\/5.2\/54.1-531","metadata":false},{"id":71493,"structure_id":13306,"section_number":"54.1-532","catch_line":"Temporary registration","url":"\/54.1-532\/","token":"54.1\/II\/5.2\/54.1-532","metadata":false},{"id":86089,"structure_id":13306,"section_number":"54.1-533","catch_line":"Registration and renewal fees","url":"\/54.1-533\/","token":"54.1\/II\/5.2\/54.1-533","metadata":false},{"id":71796,"structure_id":13306,"section_number":"54.1-534","catch_line":"Required form of agency contract","url":"\/54.1-534\/","token":"54.1\/II\/5.2\/54.1-534","metadata":false},{"id":74305,"structure_id":13306,"section_number":"54.1-535","catch_line":"Notice to educational institution","url":"\/54.1-535\/","token":"54.1\/II\/5.2\/54.1-535","metadata":false},{"id":55456,"structure_id":13306,"section_number":"54.1-536","catch_line":"Student-athlete's right to cancel","url":"\/54.1-536\/","token":"54.1\/II\/5.2\/54.1-536","metadata":false},{"id":54295,"structure_id":13306,"section_number":"54.1-537","catch_line":"Required records","url":"\/54.1-537\/","token":"54.1\/II\/5.2\/54.1-537","metadata":false},{"id":62500,"structure_id":13306,"section_number":"54.1-538","catch_line":"Prohibited conduct","url":"\/54.1-538\/","token":"54.1\/II\/5.2\/54.1-538","metadata":false},{"id":69392,"structure_id":13306,"section_number":"54.1-539","catch_line":"Criminal penalty","url":"\/54.1-539\/","token":"54.1\/II\/5.2\/54.1-539","metadata":false},{"id":84203,"structure_id":13306,"section_number":"54.1-540","catch_line":"Civil remedy; penalty","url":"\/54.1-540\/","token":"54.1\/II\/5.2\/54.1-540","metadata":false},{"id":60479,"structure_id":13306,"section_number":"54.1-541","catch_line":"Uniformity of application of construction","url":"\/54.1-541\/","token":"54.1\/II\/5.2\/54.1-541","metadata":false},{"id":76569,"structure_id":13306,"section_number":"54.1-542","catch_line":"Relation to Electronic Signatures in Global and National Commerce Act","url":"\/54.1-542\/","token":"54.1\/II\/5.2\/54.1-542","metadata":false}],"previous_section":{"id":86089,"structure_id":13306,"section_number":"54.1-533","catch_line":"Registration and renewal fees","url":"\/54.1-533\/","token":"54.1\/II\/5.2\/54.1-533","metadata":false},"next_section":{"id":74305,"structure_id":13306,"section_number":"54.1-535","catch_line":"Notice to educational institution","url":"\/54.1-535\/","token":"54.1\/II\/5.2\/54.1-535","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/54.1-534\/","history_text":"<p>This law was first created in 2020. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP0481\">481<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":240795,"object_type":"law","relational_id":71796,"identifier":"54.1-534","token":"54.1\/II\/5.2\/54.1-534","url":"\/54.1-534\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/54.1-534\/","token":"54.1\/II\/5.2\/54.1-534","dublin_core":{"Title":"Required form of agency contract","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-534","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> An <span class=\"dictionary\">agency contract<\/span> shall be in a <span class=\"dictionary\">record<\/span> signed by the parties. <a id=\"paragraph-258653\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> An <span class=\"dictionary\">agency contract<\/span> shall contain: <a id=\"paragraph-258654\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> A statement that the <span class=\"dictionary\">athlete agent<\/span> is registered as an <span class=\"dictionary\">athlete agent<\/span> in the Commonwealth and a list of any other <span class=\"dictionary\">states<\/span> in which the agent is registered as an <span class=\"dictionary\">athlete agent<\/span>; <a id=\"paragraph-258655\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> The amount and method of calculating the consideration to be paid by the <span class=\"dictionary\">student-athlete<\/span> for services to be provided by the agent under the contract and any other consideration the agent has received or will receive from any other source for entering into the contract or providing the services; <a id=\"paragraph-258656\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> The name of any <span class=\"dictionary\">person<\/span> not listed in the agent&#8217;s application for <span class=\"dictionary\">registration<\/span> or renewal of <span class=\"dictionary\">registration<\/span> which will be compensated because the <span class=\"dictionary\">student-athlete<\/span> signed the contract; <a id=\"paragraph-258657\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> A description of any expenses the <span class=\"dictionary\">student-athlete<\/span> agrees to reimburse; <a id=\"paragraph-258658\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> A description of the services to be provided to the <span class=\"dictionary\">student-athlete<\/span>; <a id=\"paragraph-258659\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B6\" class=\"indent-1\"><p><span class=\"prefix-number\">6.<\/span> The duration of the contract; and <a id=\"paragraph-258660\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B7\" class=\"indent-1\"><p><span class=\"prefix-number\">7.<\/span> The date of execution. <a id=\"paragraph-258661\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#B7\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> Subject to subsection G, an <span class=\"dictionary\">agency contract<\/span> shall contain a conspicuous notice in boldface type and in substantially the following form:\n\t\t\t&#8220;WARNING TO <span class=\"dictionary\">STUDENT-ATHLETE<\/span>\n\t\t\tIF YOU SIGN THIS CONTRACT: <a id=\"paragraph-258662\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A <span class=\"dictionary\">STUDENT-ATHLETE<\/span> IN YOUR SPORT; <a id=\"paragraph-258663\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#C1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> IF YOUR <span class=\"dictionary\">EDUCATIONAL INSTITUTION<\/span> HAS AN <span class=\"dictionary\">ATHLETIC DIRECTOR<\/span>, WITHIN 72 HOURS OF SIGNING THIS CONTRACT OR BEFORE THE NEXT SCHEDULED ATHLETIC EVENT IN WHICH YOU PARTICIPATE, WHICHEVER OCCURS FIRST, BOTH YOU AND YOUR <span class=\"dictionary\">ATHLETE AGENT<\/span> MUST NOTIFY YOUR <span class=\"dictionary\">ATHLETIC DIRECTOR<\/span> THAT YOU HAVE ENTERED INTO THIS CONTRACT AND PROVIDE THE NAME AND CONTACT INFORMATION OF THE <span class=\"dictionary\">ATHLETE AGENT<\/span>; AND <a id=\"paragraph-258664\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#C2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> YOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS. HOWEVER, CANCELLATION OF THIS CONTRACT DOES NOT GUARANTEE REINSTATEMENT OF YOUR ELIGIBILITY AS A <span class=\"dictionary\">STUDENT-ATHLETE<\/span> IN YOUR SPORT.&#8221; <a id=\"paragraph-258665\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#C3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> An <span class=\"dictionary\">agency contract<\/span> shall be accompanied by a separate <span class=\"dictionary\">record<\/span> signed by the <span class=\"dictionary\">student-athlete<\/span> or, if the <span class=\"dictionary\">student-athlete<\/span> is a <span class=\"dictionary\">minor<\/span>, the parent or guardian of the <span class=\"dictionary\">student-athlete<\/span> acknowledging that signing the contract may result in the loss of the <span class=\"dictionary\">student-athlete<\/span>&#8217;s eligibility to participate in the <span class=\"dictionary\">student-athlete<\/span>&#8217;s sport. <a id=\"paragraph-258666\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"E\"><p><span class=\"prefix-number\">E.<\/span> A <span class=\"dictionary\">student-athlete<\/span> or, if the <span class=\"dictionary\">student-athlete<\/span> is a <span class=\"dictionary\">minor<\/span>, the parent or guardian of the <span class=\"dictionary\">student-athlete<\/span> may void an <span class=\"dictionary\">agency contract<\/span> that does not conform to this section. If the contract is voided, any consideration received from the <span class=\"dictionary\">athlete agent<\/span> under the contract to induce entering into the contract is not required to be returned. <a id=\"paragraph-258667\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#E\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"F\"><p><span class=\"prefix-number\">F.<\/span> At the time an <span class=\"dictionary\">agency contract<\/span> is executed, the <span class=\"dictionary\">athlete agent<\/span> shall give the <span class=\"dictionary\">student-athlete<\/span> or, if the <span class=\"dictionary\">student-athlete<\/span> is a <span class=\"dictionary\">minor<\/span>, the parent or guardian of the <span class=\"dictionary\">student-athlete<\/span> a copy in a <span class=\"dictionary\">record<\/span> of the contract and the separate acknowledgement required by subsection D. <a id=\"paragraph-258668\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#F\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"G\"><p><span class=\"prefix-number\">G.<\/span> If a <span class=\"dictionary\">student-athlete<\/span> is a <span class=\"dictionary\">minor<\/span>, an <span class=\"dictionary\">agency contract<\/span> shall be signed by the parent or guardian of the <span class=\"dictionary\">student-athlete<\/span> and the notice required by subsection C shall be revised accordingly. <a id=\"paragraph-258669\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/54.1-534\/#G\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nREQUIRED FORM OF AGENCY CONTRACT (\u00a7 54.1-534)\n\nA. An agency contract shall be in a record signed by the parties.\n\nB. An agency contract shall contain:\n\n   1. A statement that the athlete agent is registered as an athlete agent in the\n   Commonwealth and a list of any other states in which the agent is registered\n   as an athlete agent;\n\n   2. The amount and method of calculating the consideration to be paid by the\n   student-athlete for services to be provided by the agent under the contract\n   and any other consideration the agent has received or will receive from any\n   other source for entering into the contract or providing the services;\n\n   3. The name of any person not listed in the agent&#8217;s application for\n   registration or renewal of registration which will be compensated because the\n   student-athlete signed the contract;\n\n   4. A description of any expenses the student-athlete agrees to reimburse;\n\n   5. A description of the services to be provided to the student-athlete;\n\n   6. The duration of the contract; and\n\n   7. The date of execution.\n\nC. Subject to subsection G, an agency contract shall contain a conspicuous\nnotice in boldface type and in substantially the following form:\n\t\t\t&#8220;WARNING TO STUDENT-ATHLETE\n\t\t\tIF YOU SIGN THIS CONTRACT:\n\n   1. YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT-ATHLETE IN YOUR\n   SPORT;\n\n   2. IF YOUR EDUCATIONAL INSTITUTION HAS AN ATHLETIC DIRECTOR, WITHIN 72 HOURS\n   OF SIGNING THIS CONTRACT OR BEFORE THE NEXT SCHEDULED ATHLETIC EVENT IN WHICH\n   YOU PARTICIPATE, WHICHEVER OCCURS FIRST, BOTH YOU AND YOUR ATHLETE AGENT MUST\n   NOTIFY YOUR ATHLETIC DIRECTOR THAT YOU HAVE ENTERED INTO THIS CONTRACT AND\n   PROVIDE THE NAME AND CONTACT INFORMATION OF THE ATHLETE AGENT; AND\n\n   3. YOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS. HOWEVER, CANCELLATION OF THIS\n   CONTRACT DOES NOT GUARANTEE REINSTATEMENT OF YOUR ELIGIBILITY AS A\n   STUDENT-ATHLETE IN YOUR SPORT.&#8221;\n\nD. An agency contract shall be accompanied by a separate record signed by the\nstudent-athlete or, if the student-athlete is a minor, the parent or guardian of\nthe student-athlete acknowledging that signing the contract may result in the\nloss of the student-athlete&#8217;s eligibility to participate in the\nstudent-athlete&#8217;s sport.\n\nE. A student-athlete or, if the student-athlete is a minor, the parent or\nguardian of the student-athlete may void an agency contract that does not\nconform to this section. If the contract is voided, any consideration received\nfrom the athlete agent under the contract to induce entering into the contract\nis not required to be returned.\n\nF. At the time an agency contract is executed, the athlete agent shall give the\nstudent-athlete or, if the student-athlete is a minor, the parent or guardian of\nthe student-athlete a copy in a record of the contract and the separate\nacknowledgement required by subsection D.\n\nG. If a student-athlete is a minor, an agency contract shall be signed by the\nparent or guardian of the student-athlete and the notice required by subsection\nC shall be revised accordingly.\n\nHISTORY: 2020, c. 481, \u00a7 54.1-527.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}