State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-4 > Subtitle-4 > 4-403

§ 4-403. Acting as athlete agent without license.
 

(a)  In general.- Except as otherwise provided in subsection (b) of this section, an individual may not act as an athlete agent in the State without holding a license under § 4-405 of this subtitle. 

(b)  Exceptions.- Before being issued a license, an individual may act as an athlete agent in the State for all purposes except signing an agency contract if: 

(1) a student-athlete or another person acting on behalf of the student-athlete initiates communication with the individual; and 

(2) within 7 days after an initial act as an athlete agent, the individual submits an application for a license as an athlete agent in the State. 

(c)  Voiding of contract in violation of section.- An agency contract resulting from conduct in violation of this section is void and the athlete agent shall return any consideration received under the contract. 
 

[2003, ch. 421, § 2.] 
 

State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-4 > Subtitle-4 > 4-403

§ 4-403. Acting as athlete agent without license.
 

(a)  In general.- Except as otherwise provided in subsection (b) of this section, an individual may not act as an athlete agent in the State without holding a license under § 4-405 of this subtitle. 

(b)  Exceptions.- Before being issued a license, an individual may act as an athlete agent in the State for all purposes except signing an agency contract if: 

(1) a student-athlete or another person acting on behalf of the student-athlete initiates communication with the individual; and 

(2) within 7 days after an initial act as an athlete agent, the individual submits an application for a license as an athlete agent in the State. 

(c)  Voiding of contract in violation of section.- An agency contract resulting from conduct in violation of this section is void and the athlete agent shall return any consideration received under the contract. 
 

[2003, ch. 421, § 2.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-4 > Subtitle-4 > 4-403

§ 4-403. Acting as athlete agent without license.
 

(a)  In general.- Except as otherwise provided in subsection (b) of this section, an individual may not act as an athlete agent in the State without holding a license under § 4-405 of this subtitle. 

(b)  Exceptions.- Before being issued a license, an individual may act as an athlete agent in the State for all purposes except signing an agency contract if: 

(1) a student-athlete or another person acting on behalf of the student-athlete initiates communication with the individual; and 

(2) within 7 days after an initial act as an athlete agent, the individual submits an application for a license as an athlete agent in the State. 

(c)  Voiding of contract in violation of section.- An agency contract resulting from conduct in violation of this section is void and the athlete agent shall return any consideration received under the contract. 
 

[2003, ch. 421, § 2.]