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Cal. Business and Professions Code § 18897.2

Cal. Business and Professions Code § 18897.2

California · California Business and Professions Code · Status: effective · Effective 1997-01-01

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Cal. Business and Professions Code § 18897.2, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/778779
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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.