78C-96. Student-athlete's right to cancel.
(a) A student-athlete may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within 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. (2003-375, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 78C - Investment Advisers
Article 9 - Uniform Athlete Agents Act.
§ 78C-87 - Service of process; subpoenas.
§ 78C-88 - Athlete agents; registration required; exceptions; void contracts.
§ 78C-89 - Registration as athlete agent; form; requirements.
§ 78C-90 - Certificate of registration; issuance or denial; renewal.
§ 78C-91 - Suspension; revocation; refusal to renew registration.
§ 78C-92 - Temporary registration.
§ 78C-93 - Registration; renewal of fees.
§ 78C-94 - Required form of contract.
§ 78C-95 - Notice to educational institution.
§ 78C-96 - Student-athlete's right to cancel.
§ 78C-97 - Required records; waiver of attorney-client privilege.
§ 78C-98 - Prohibited conduct.
§ 78C-99 - Criminal penalties.
§ 78C-101 - Administrative penalty.
§ 78C-102 - Uniformity of application and construction.
§ 78C-103 - Electronic Signatures in Global and National Commerce Act.