Illinois Compiled Statutes 225 ILCS 401 Illinois Athlete Agents Act. Section 45

    (225 ILCS 401/45)

    Sec. 45. Qualifications for licensure.

    (a) A person is qualified for licensure as an athlete agent if that person:

        (1) is at least 21 years of age;

        (2) has applied in writing on forms prepared and

    furnished by the Department;

        (3) has not engaged or is not engaged in any

     practice or conduct that would be grounds for disciplining a licensee under this Act;

        (4) pays the required non-refundable fee as set forth

    in rule;

        (5) submits an application which is signed or

    otherwise authenticated by the applicant under penalty of perjury which contains the following information:

            (A) the name and social security number of the

        applicant, and the address of the applicant's principal place of business;

            (B) the name of the applicant's business or

        employer, if applicable;

            (C) any business or occupation engaged in by the

        applicant for the five years next preceding the date of submission of the application;

            (D) a description of the applicant's:

                (i) education or formal training as an

            athlete agent;

                (ii) work history, including but not limited

            to any practical experience as an athlete agent; and

                (iii) educational background;

            (E) the names and addresses of all persons who

        are:

                (i) with respect to the athlete agent's

            business if it is not a corporation, the partners, members, officers, managers, associates, or profit-sharers of the business; and

                (ii) with respect to a corporation employing

            the athlete agent, the officers, directors, and any shareholder of the corporation having an interest of five percent or greater;

            (F) the names and addresses of 3 individuals not

        related to the applicant who are willing to serve as references; and

            (G) the name, sport, and last known team for each

        individual for whom the applicant acted as an athlete agent during the 5 years next preceding the date of submission of the application; and

        (7) has complied with all other requirements of

    this Act and rules established for the implementation of this Act.

    (b) Applicants have 3 years from the date of application to complete the application process. If the process has not been completed in 3 years, then the application shall be denied, the fee shall be forfeited, and the applicant must reapply and meet the requirements in effect at the time of reapplication.

(Source: P.A. 96-1030, eff. 1-1-11.)

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Last modified: February 18, 2015