(a) 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) 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.
CREDIT(S)
(Apr. 13, 2002, D.C. Law 14-107, § 3, 49 DCR 1193).
HISTORICAL AND STATUTORY NOTES
Legislative History of Laws
For D.C. Law 14-107, see notes following § 47-2887.01.
Uniform Law
This section is based upon § 12 of the Uniform Athlete Agents Act. See Vol. 7, Pt. I, Uniform Laws Annotated, Master Edition, or ULA Database on Westlaw.