[§481E-11] Student-athlete's right to cancel. (a) A student-athlete may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within fourteen days after the contract is signed.
(b) A student-athlete may not waive the right to cancel an agency contract.
(c) 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. [L 2007, c 248, pt of §2]
Section: Previous 481e-4 481e-5 481e-6 481e-7 481e-8 481e-9 481e-10 481e-11 481e-12 481e-13 481e-14 481e-15 481e-16 481e-17 481e-18 NextLast modified: October 27, 2016