§ 4-411. Cancellation of contract

Latest version.

(a) Notice. -- A student-athlete may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within 14 days after the contract is signed.

(b) Waiver not permitted. -- A student-athlete may not waive the right to cancel an agency contract.

(c) Consideration. -- If a student-athlete cancels 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.

HISTORY: 2003, ch. 421, § 2.

                    
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