Ch. 421
2003 LAWS OF MARYLAND
(2) IF YOU HAVE AN ATHLETIC DIRECTOR, WITHIN 72 HOURS AFTER
ENTERING INTO THIS CONTRACT, BOTH YOU AND YOUR ATHLETE AGENT MUST
NOTIFY YOUR ATHLETIC DIRECTOR; AND
(3) YOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS AFTER SIGNING IT.
CANCELLATION OF THIS CONTRACT MAY NOT REINSTATE YOUR ELIGIBILITY.".
(D) (1) AN AGENCY CONTRACT THAT DOES NOT CONFORM TO THIS SECTION
IS VOIDABLE BY THE STUDENT-ATHLETE.
(2) IF A STUDENT-ATHLETE VOIDS AN AGENCY CONTRACT UNDER THIS
SECTION, 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.
(E) THE ATHLETE AGENT SHALL GIVE A RECORD OF THE SIGNED OR
OTHERWISE AUTHENTICATED AGENCY CONTRACT TO THE STUDENT-ATHLETE AT
THE TIME OF EXECUTION.
4-410.
(A) WITHIN 72 HOURS AFTER ENTERING INTO AN AGENCY CONTRACT OR
BEFORE THE NEXT SCHEDULED ATHLETIC EVENT IN WHICH THE
STUDENT-ATHLETE MAY PARTICIPATE, WHICHEVER OCCURS FIRST, THE ATHLETE
AGENT SHALL GIVE NOTICE IN A RECORD OF THE EXISTENCE OF THE CONTRACT TO
THE ATHLETIC DIRECTOR OF THE EDUCATIONAL INSTITUTION AT WHICH THE
STUDENT-ATHLETE IS ENROLLED OR THE ATHLETE AGENT HAS REASONABLE
GROUNDS TO BELIEVE THE STUDENT-ATHLETE INTENDS TO ENROLL.
(B) WITHIN 72 HOURS AFTER ENTERING INTO AN AGENCY CONTRACT OR
BEFORE THE NEXT ATHLETIC EVENT IN WHICH THE STUDENT-ATHLETE MAY
PARTICIPATE, WHICHEVER OCCURS FIRST, THE STUDENT-ATHLETE SHALL INFORM
THE ATHLETIC DIRECTOR OF THE EDUCATIONAL INSTITUTION AT WHICH THE
STUDENT-ATHLETE IS ENROLLED OR IN WHICH THE STUDENT-ATHLETE INTENDS
TO ENROLL THAT THE STUDENT-ATHLETE HAS ENTERED INTO AN AGENCY
CONTRACT.
4-111.
(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.
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