200 KAR 30:040. Fees

      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.)

Notation

      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.