(1) Each jockey agent shall obtain a license from the board.   A jockey agent may represent two jockeys and one apprentice jockey with approval of the stewards.   No jockey agent shall make or assist in making any engagement for any rider other than those the jockey agent is licensed to represent.   If any jockey agent gives up the making of engagements for any rider the jockey agent shall immediately notify the stewards and turn over to the stewards a list of any unfilled engagements.   A jockey agent may not drop a rider without notifying the stewards and jockeys in writing.

(2) Owners, trainers, racing officials, employees of the licensee and employees of any party contracting with the licensee to furnish a racing associated service are not eligible to be licensed as jockey agents.