A. 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 in a record of cancellation to the athlete agent not later than 14 days after the contract is signed.
B. 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.
C. If a student-athlete or, if the student-athlete is a minor, a parent or guardian of the student-athlete cancels an agency contract, the student-athlete or, if the student-athlete is a minor, the parent or guardian of the student-athlete is not required to pay any consideration under the contract or return any consideration received from the athlete agent to influence the student-athlete to enter into the contract.
2020, c. 481, § 54.1-529.
Structure Code of Virginia
Title 54.1 - Professions and Occupations
§ 54.1-527. Authority; procedure
§ 54.1-528. Athlete agent; registration required; void contract
§ 54.1-530. Certificate of registration; issuance or denials; renewal
§ 54.1-531. Suspension, revocation, or refusal to renew registration
§ 54.1-532. Temporary registration
§ 54.1-533. Registration and renewal fees
§ 54.1-534. Required form of agency contract
§ 54.1-535. Notice to educational institution
§ 54.1-536. Student-athlete's right to cancel
§ 54.1-538. Prohibited conduct
§ 54.1-540. Civil remedy; penalty
§ 54.1-541. Uniformity of application of construction
§ 54.1-542. Relation to Electronic Signatures in Global and National Commerce Act