Subdivision 1. Requirement. A student athlete or, if the athlete is a minor, the parent or guardian of the 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.
Subd. 2. Nonwaivability. A student athlete or, if the athlete is a minor, the parent or guardian of the athlete may not waive the right to cancel an agency contract.
Subd. 3. Consideration. If a student athlete, parent, or guardian cancels an agency contract, the athlete, parent, or guardian is not required to pay any consideration under the contract or return any consideration received from the athlete agent to influence the athlete to enter into the contract.
2018 c 192 art 1 s 10
Structure Minnesota Statutes
Chapters 80B - 81A — Commercial Regulations
Chapter 81A — Revised Uniform Athlete Agents Act
Section 81A.24 — Service Of Process; Investigating Powers.
Section 81A.25 — Certificate Of Registration Required.
Section 81A.26 — Registration Application.
Section 81A.27 — Registration Issuance And Renewal.
Section 81A.28 — Suspension, Revocation, Or Refusal To Renew Registration.
Section 81A.29 — Temporary Registration.
Section 81A.30 — Registration And Renewal Fees.
Section 81A.31 — Agency Contract.
Section 81A.32 — Required Notices.
Section 81A.33 — Student Athlete's Right To Cancel.
Section 81A.34 — Required Records.
Section 81A.35 — Prohibited Conduct.
Section 81A.36 — Criminal Penalties.
Section 81A.361 — Civil Remedies.
Section 81A.362 — Administrative Penalty.
Section 81A.37 — Relation To Electronic Signatures In Global And National Commerce Act.