332-J:11 Student-Athlete’s Right to Cancel. –
I. A student-athlete may cancel an agency contract by giving written notice of the cancellation to the athlete agent within 14 days after the contract is signed.
II. A student-athlete may not waive the right to cancel an agency contract.
III. 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.
Source. 2006, 265:1, eff. Jan. 1, 2007.