Tex. Occ. Code Section 2051.203
Contract Requirements Relating to Fees and Services

(a)

An agent contract or a financial services contract must include:

(1)

a schedule of fees, including:

(A)

the amount and method of computing the consideration to be paid by the athlete for services to be provided by the athlete agent under the contract; and

(B)

any other consideration the athlete agent received or will receive from any other source for entering into the contract or for providing the services;

(2)

a description of the professional services that the athlete agent will perform for the athlete;

(3)

the name of any person not listed in the application for registration or renewal of registration who will be compensated because the athlete signed the agent contract;

(4)

a description of any expenses of the athlete agent the athlete agrees to reimburse;

(5)

the duration of the contract; and

(6)

the date the contract was signed.

(b)

A registered athlete agent may charge a fee only as provided by the schedule of fees in the contract.

(c)

A change in the schedule of fees in a contract takes effect on the seventh day after the date on which the athlete agent files with the secretary of state a copy of the contract as required by Section 2051.205 (Filing Requirements)(b).

(d)

The athlete agent shall give a signed copy of the contract to the athlete at the time the contract is signed.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 821, Sec. 8, eff. Sept. 1, 2003.

Source: Section 2051.203 — Contract Requirements Relating to Fees and Services, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­2051.­htm#2051.­203 (accessed Jun. 5, 2024).

2051.001
Definitions 2051.002
Participation in Intercollegiate Sports Contests 2051.003
Effect of Personal Service Contract 2051.004
Athlete Agent Contact 2051.005
Certain Professional Services Exempt 2051.006
Uniformity of Application and Construction 2051.051
Administration of Chapter 2051.052
Publication of Compliance Responsibilities 2051.101
Registration Required 2051.102
Application Requirements 2051.105
Denial of Application 2051.106
Temporary or Provisional Registration 2051.107
Registration Duration 2051.108
Registration Renewal 2051.109
Continuing Notification Requirement 2051.110
Effect of Decertification by Professional Association 2051.151
Bond Deposit 2051.152
Cancellation of Bond 2051.201
Contract Form 2051.202
Contract Signing 2051.203
Contract Requirements Relating to Fees and Services 2051.204
Contract Requirements Relating to Notice 2051.205
Filing Requirements 2051.206
Multiyear Contract Fee 2051.251
Adoption of Implementation Standards 2051.252
Approval and Filing of Standards 2051.253
Designation of Compliance Coordinator 2051.254
Written Request for Implementation Standards 2051.255
Notification of Availability of Implementation Standards 2051.256
Written Request for Compliance Coordinators 2051.301
Athlete Agent Interview Program 2051.302
Compliance Coordinator’s Duties 2051.303
Time and Duration of Interview Program 2051.304
Compliance with Interview Guidelines 2051.351
Prohibitions 2051.352
Recordkeeping Requirement 2051.353
Disclosure Requirement 2051.354
Agent Liability for Violation of Chapter 2051.401
Investigative Authority: Subpoena and Summons 2051.402
Service of Process 2051.403
Enforcement of Subpoena and Summons 2051.404
Interrogatories 2051.405
Disciplinary Procedures 2051.451
Administrative Penalty 2051.452
Investigation and Preliminary Report 2051.453
Payment or Request for Hearing 2051.454
Hearing 2051.455
Judicial Review 2051.456
Recovery of Administrative Penalty 2051.457
Failure to Pay Administrative Penalty 2051.501
Criminal Offense 2051.502
Notice of Criminal Offense 2051.551
Civil Suit 2051.552
Adversely Affected 2051.553
Recovery
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 2051.203’s source at texas​.gov