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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Maryland Code, Business Regulation § 4-413 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-4-413/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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