SB3261 regulates athlete agents in Hawaii by requiring registration, defining professional representation, and mandating specific contract.

SB3261 amends Hawaii law to regulate athlete agents by requiring them to hold a certificate of registration. It defines "professional representation" as providing advisory, negotiation, or procurement assistance to a student athlete. The bill mandates that agency contracts include specific disclosures, such as the agent's registration status, the amount and method of consideration, and a warning about potential loss of eligibility. It also allows student athletes or their guardians to void non-compliant contracts.

SB3261 regulates athlete agents in Hawaii by requiring registration, defining professional representation, and mandating specific contract.

SB3261 amends Hawaii law to regulate athlete agents by requiring them to hold a certificate of registration. It defines "professional representation" as providing advisory, negotiation, or procurement assistance to a student athlete. The bill mandates that agency contracts include specific disclosures, such as the agent's registration status, the amount and method of consideration, and a warning about potential loss of eligibility. It also allows student athletes or their guardians to void non-compliant contracts.