164.6921 Cancellation of agency contract by student-athlete.

114 words·~1 min read·/ky/chapter-164/164-6921

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A student-athlete or, if the student-athlete is a minor, the parent or guardian of the

student-athlete may cancel an agency contract by giving notice of the cancellation to

the athlete agent in a record within fourteen

(14)days after the contract is signed.

(2)A student-athlete or, if the student-athlete is a minor, the parent or guardian of the

student-athlete may not waive the right to cancel an agency contract.

(3)If a student-athlete, parent, or guardian 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.