Section 4-411 - Cancellation of contract. - Maryland Statutes

§ 4-411. Cancellation of contract.
 

(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. 
 

[2003, ch. 421, § 2.]