§ 4-413

Maryland § 4-413

• Jurisdiction: Maryland
• Article gbr: Business Regulation
• Title: 4

Text

(a) An athlete agent, with the intent to induce a student–athlete to enter into an agency contract, may not:

(1) give any materially false or misleading information or make a materially false promise or representation;

(2) furnish anything of value to a student–athlete before the student–athlete enters into the agency contract;

(3) furnish anything of value to any individual other than the student–athlete or another licensed athlete agent; or

(4) solicit another individual who is not an athlete agent to commit an act on behalf of the athlete agent that is a violation of this subtitle.

(b) An athlete agent may not intentionally:

(1) initiate contact with a student–athlete unless licensed under this subtitle;

(2) refuse or fail to retain or permit inspection of the records required to be retained by § 4–412 of this subtitle;

(3) fail to obtain a license when required by § 4–403 of this subtitle;

(4) provide materially false or misleading information in an application for a license or renewal of a license;

(5) predate or postdate an agency contract; or

(6) fail to notify a student–athlete before the student–athlete signs or otherwise authenticates an agency contract for a particular sport that the signing or authentication may make the student–athlete ineligible to participate as a student–athlete in that sport.

(c) An athlete agent may not split a fee with or receive compensation from:

(1) a professional sports league;

(2) a professional sports franchise;

(3) a representative or employee of a professional sports league or franchise; or

(4) an employee of an educational institution in the State.