N.M. Stat. § 61-14F-10 (2026)

A. An agency contract shall be in a record, signed or otherwise authenticated by the
parties.

   B. An agency contract shall state or contain:

      (1)     the amount and method of calculating the consideration to be paid by the
student athlete for services to be provided by the athlete agent under the contract and
any other consideration the athlete agent has received or will receive from any other
source for entering into the contract or for providing the services;

      (2)    the name of any person not listed in the application for registration or
renewal of registration who will be compensated because the student athlete signed the
agency contract;

      (3)     a description of any expenses that the student athlete agrees to
reimburse;

       (4)    a description of the services to be provided to the student athlete;

       (5)    the duration of the contract; and

       (6)    the date of execution.

   C. An agency contract shall contain, in close proximity to the signature of the
student athlete, a conspicuous notice in boldface type in capital letters stating:

                          "WARNING TO STUDENT ATHLETE
                            IF YOU SIGN THIS CONTRACT:

       (1) YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT
ATHLETE IN YOUR SPORT;
       (2) IF YOU HAVE AN ATHLETIC DIRECTOR, WITHIN SEVENTY-TWO
HOURS AFTER ENTERING INTO THIS CONTRACT, BOTH YOU AND YOUR
ATHLETE AGENT MUST NOTIFY YOUR ATHLETIC DIRECTOR; AND

        (3) YOU MAY CANCEL THIS CONTRACT WITHIN FOURTEEN DAYS
AFTER SIGNING IT. CANCELLATION OF THIS CONTRACT MAY NOT REINSTATE
YOUR ELIGIBILITY.".

   D. An agency contract that does not conform to this section is voidable by the
student athlete. If a student athlete voids an agency contract, the student athlete is not
required to pay any consideration under the contract or to return any consideration
received from the athlete agent to induce the student athlete to enter into the contract.

   E. The athlete agent shall give a record of the signed or otherwise authenticated
agency contract to the student athlete at the time of execution.

History: Laws 2009, ch. 169, § 10.

                                      ANNOTATIONS

Effective dates. — Laws 2009, ch. 169, § 21 made the Uniform Athlete Agents Act
effective July 1, 2009.

Severability. — Laws 2009, ch. 169, § 20 provided that if any provision of the Uniform
Athlete Agents Act or its application to any person or circumstance is held invalid, the
invalidity does not affect other provisions or applications of that act that can be given
effect without the invalid provision or application, and to this end the provisions of that
act are severable.