200 KAR 30:040. Fees.
RELATES TO: KRS 164.682(2)(b)
STATUTORY AUTHORITY: KRS 164.681, 164.682(2)(b)
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164.682(2)(b) requires a person registering as an athlete agent to pay a registration fee and renewal fee as established by the division. This administrative regulation establishes the fees charged by the division.
Section 1. Application and Renewal Fees. (1) The fee for initial registration with the Kentucky Division of Occupations and Professions as an athlete agent shall be $300.
(2) The registration renewal fee shall be paid as of March 31 of each year.
(a) The renewal fee for registration as an athlete agent shall be $100 if paid by March 31.
(b) The late renewal fee during a sixty (60) day grace period after March 31 shall be $150.
(c) The late renewal fee after the sixty (60) day grace period, but during a one (1) year period after March 31, shall be $200.
(d) The division shall:
1. Revoke a registration not renewed within one (1) year of March 31; and
2. Reinstate the registration upon:
a. Satisfaction of all requirements necessary for an initial applicant; and
b. Payment of a reinstatement fee of $300.
Section 2. Verification of Registration Fee. The fee for a verification of a registration shall be fifteen (15) dollars. (26 Ky.R. 274; Am. 586; eff. 9-16-99.)