(a) A 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.
(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.
Structure Arkansas Code
Title 17 - Professions, Occupations, and Businesses
Subtitle 2 - Nonmedical Professions
Subchapter 1 - Uniform Athlete Agents Act
§ 17-16-103. Service of process — Subpoenas
§ 17-16-104. Athlete agents — Registration required — Void contracts
§ 17-16-105. Registration as athlete agent — Form — Requirements
§ 17-16-106. Certificate of registration — Issuance or denial — Renewal
§ 17-16-109. Registration and renewal fees
§ 17-16-110. Required form of contract
§ 17-16-111. Notice to educational institution
§ 17-16-112. Student-athlete's right to cancel
§ 17-16-114. Prohibited conduct
§ 17-16-115. Criminal penalties
§ 17-16-117. Administrative penalty
§ 17-16-118. Uniformity of application and construction
§ 17-16-119. Electronic signatures in global and national commerce act