§481E-11 - Student-athlete's right to cancel.
[§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]