California Legal Codes and Statutes

§ 18897.2

Added by Stats. 1996, Ch. 857, Sec. 2. Effective January 1, 1997.

A trust fund shall be established when an athlete agent is the recipient of the athlete’s salary. An athlete agent who receives any payment on behalf of the athlete shall immediately deposit the payment in a trust fund account maintained by the athlete agent in a state or federally chartered financial institution.

Cite this section

Cal. Bus. & Prof. Code § 18897.2 (2026)
https://ca.codecond.com/codes/bpc/division-8-special-business-regulations/chapter-2-5-athlete-agents/article-2-professional-athletes-and-athlete-agents/section-18897.2

Other sections in Article 2 - Professional Athletes and Athlete Agents

§ 18897§ 18897.1§ 18897.2§ 18897.23§ 18897.27§ 18897.3§ 18897.33§ 18897.37§ 18897.4§ 18897.43§ 18897.47§ 18897.5

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