§ 4-413
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/md/business-regulation/4-413A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–413.
(a)An athlete agent, with the intent to induce a student–athlete to enter into an agency contract, may not:
(1)give any materially false or misleading information or make a materially false promise or representation;
(2)furnish anything of value to a student–athlete before the student–athlete enters into the agency contract;
(3)furnish anything of value to any individual other than the student–athlete or another licensed athlete agent; or
(4)solicit another individual who is not an athlete agent to commit an act on behalf of the athlete agent that is a violation of this subtitle.
(b)An athlete agent may not intentionally:
(1)initiate contact with a student–athlete unless licensed under this subtitle;
(2)refuse or fail to retain or permit inspection of the records required to be retained by § 4–412 of this subtitle;
(3)fail to obtain a license when required by § 4–403 of this subtitle;
(4)provide materially false or misleading information in an application for a license or renewal of a license;
(5)predate or postdate an agency contract; or
(6)fail to notify a student–athlete before the student–athlete signs or otherwise authenticates an agency contract for a particular sport that the signing or authentication may make the student–athlete ineligible to participate as a student–athlete in that sport.
(c)An athlete agent may not split a fee with or receive compensation from:
(1)a professional sports league;
(2)a professional sports franchise;
(3)a representative or employee of a professional sports league or franchise; or
(4)an employee of an educational institution in the State.