398.488 - Cancellation of contract by student athlete. - Nevada Statutes

398.488  Cancellation of contract by student athlete.

      1.  A student athlete may cancel a contract of agency by giving notice of the cancellation to the athlete’s agent in a record within 14 days after the contract is signed.

      2.  A student athlete may not waive the right to cancel a contract of agency.

      3.  If a student athlete cancels a contract of agency, he or she is not required to pay any consideration under the contract or to return any consideration received from the athlete’s agent to induce the student athlete to enter into the contract.

      (Added to NRS by 2001, 1302)