(A) A student athlete, or if the athlete is a minor, his parent or guardian may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within fourteen days after the contract is signed.
(B) The right to cancel an agency contract provided in subsection (A) may not be waived.
(C) If a student athlete, parent, or guardian cancels an agency contract, the student athlete, parent, or guardian is not required to pay consideration under the contract or to return consideration received from the athlete agent to induce the athlete to enter into the contract.
HISTORY: 2004 Act No. 300, Section 1, eff September 8, 2004; 2018 Act No. 235 (H.3068), Section 1, eff May 17, 2018.
Comment
Effect of Amendment
2018 Act No. 235, Section 1, in (A), inserted ", or if the athlete is a minor, his parent or guardian" following "A student athlete"; rewrote (B); and in (C), inserted ", parent, or guardian" in two places and substituted "induce the athlete" for "induce the student athlete".
Structure South Carolina Code of Laws
Chapter 102 - Athlete Agents And Student Athletes
Section 59-102-10. Citation of chapter.
Section 59-102-20. Definitions.
Section 59-102-30. Service of process on nonresident agents; subpoenas; use of funds.
Section 59-102-40. Certificate of registration as athlete agent required; exceptions.
Section 59-102-50. Application for registration; contents; registration in another state.
Section 59-102-70. Suspension, revocation, or refusal to renew certificate of registration.
Section 59-102-80. Temporary certificate of registration.
Section 59-102-85. Online registry of athlete agents in good standing.
Section 59-102-100. Agency contracts.
Section 59-102-110. Notice of contract to athletic director.
Section 59-102-120. Cancellation of agency contract by student.
Section 59-102-130. Records to be maintained by athlete agent.
Section 59-102-140. Prohibited acts of athlete agents.
Section 59-102-150. Violations and penalties.
Section 59-102-160. Actions for damages; attorney's fees; accrual.
Section 59-102-170. Administrative fine.
Section 59-102-180. Application and construction of act.
Section 59-102-190. Relation to Electronic Signatures in Global and National Commerce Act.