ROBERT L. EHRLICH, JR., Governor                             Ch. 421

(B)     THE SECRETARY SHALL GIVE NOTICE AND HOLD THE HEARING IN
ACCORDANCE WITH TITLE 10, SUBTITLE 2 OF THE STATE GOVERNMENT ARTICLE.

(C)     THE SECRETARY MAY ADMINISTER OATHS IN A PROCEEDING UNDER THIS
SECTION.

(D)     IF, AFTER DUE NOTICE, THE PERSON AGAINST WHOM THE ACTION IS
CONTEMPLATED DOES NOT APPEAR, THE SECRETARY MAY HEAR AND DETERMINE
THE MATTER.

4-408.

THE SECRETARY SHALL PAY ALL MONEYS COLLECTED UNDER THIS SUBTITLE
INTO THE GENERAL FUND OF THE STATE.

4-409.

(A)     AN AGENCY CONTRACT MUST BE IN A RECORD SIGNED OR OTHERWISE
AUTHENTICATED BY THE PARTIES.

(B)     AN AGENCY CONTRACT MUST STATE OR CONTAIN:

(1)      THE AMOUNT AND METHOD OF CALCULATING THE CONSIDERATION
TO BE PAID BY THE STUDENT-ATHLETE FOR SERVICES TO BE PROVIDED BY THE
ATHLETE AGENT UNDER THE CONTRACT AND ANY OTHER CONSIDERATION THE
ATHLETE AGENT HAS RECEIVED OR WILL RECEIVE FROM ANY OTHER SOURCE FOR
ENTERING INTO THE CONTRACT OR FOR PROVIDING THE SERVICES;

(2)      THE NAME OF ANY PERSON NOT LISTED IN THE APPLICATION FOR A
LICENSE OR RENEWAL OF A LICENSE WHO WILL BE COMPENSATED BECAUSE THE
STUDENT-ATHLETE SIGNED THE AGENCY CONTRACT;

(3)      A DESCRIPTION OF ANY EXPENSES THAT THE STUDENT-ATHLETE
AGREES TO REIMBURSE;

(4)      A DESCRIPTION OF THE SERVICES TO BE PROVIDED TO THE
STUDENT-ATHLETE;

(5)      THE DURATION OF THE CONTRACT; AND

(6)      THE DATE OF EXECUTION.

(C)     AN AGENCY CONTRACT MUST CONTAIN, IN CLOSE PROXIMITY TO THE
SIGNATURE OF THE STUDENT-ATHLETE, A CONSPICUOUS NOTICE IN BOLDFACE
TYPE IN CAPITAL LETTERS STATING:

"WARNING TO STUDENT-ATHLETE
IF YOU SIGN THIS CONTRACT:

(1) YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT-ATHLETE
IN YOUR SPORT;

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