House Bill 125 Summary

• Repeals Article 9 of Chapter 78C and enacts the Revised Uniform Athlete Agents Act to regulate athlete agents in North Carolina

• Requires athlete agents to register with the Secretary of State and pay a $200 registration fee; registration is valid for one year

• Mandates athlete agents provide written agency contracts signed by all parties, containing disclosures about registration status, compensation terms, and a warning that signing may result in loss of student athlete eligibility

• Requires athlete agents to notify educational institutions within 72 hours of entering into agency contracts with covered athletes and prohibits providing false information, money, or benefits to influence athletes to sign contracts

• Establishes criminal penalties (Class H felony for recruitment violations, Class 1 misdemeanor for administrative violations) and civil remedies allowing educational institutions and athletes to recover damages up to $250,000 for violations causing suspension or financial harm