§ 26-801. Contracts with incentive payments based on the success of securing student participat...
West's Annotated Code of MarylandEducationEffective: July 1, 2023
Effective: July 1, 2023
MD Code, Education, § 26-801
§ 26-801. Contracts with incentive payments based on the success of securing student participation in sports wagering or online sports wagering prohibited
(b) An institution of higher education may not enter into a contract with a regulated gaming entity or an agent of a regulated gaming entity if, under the terms of the contract, the institution of higher education receives a commission, a bonus, or any other incentive payment based on the success of securing student participation in sports wagering or online sports wagering.
(c) An institution of higher education may not enter into a contract with a sports marketing entity that enters into a contract with a regulated gaming entity or an agent of a regulated gaming entity if, under the terms of the contract, either the sports marketing entity or the institution of higher education receives a commission, bonus, or any other incentive payment based on the success of securing student participation in sports wagering or online sports wagering.
(d)(1) Except as provided in subsections (b) and (c) of this section, this section does not preclude contract formation between an institution of higher education and a regulated gaming entity, an agent of a regulated gaming entity, or a sports marketing entity.
Credits
Added by Acts 2023, c. 700, § 1, eff. July 1, 2023; Acts 2023, c. 701, § 1, eff. July 1, 2023.
MD Code, Education, § 26-801, MD EDUC § 26-801
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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