### Question
How does the law define effective date of the contract?


### Answer
Under *15 U.S.C. § 6301*, **effective date of the contract** is defined as:

> the day upon which a boxer becomes legally bound by the contract

#### Citation:
  - *15 U.S.C. § 6301*
  - Heading: **CHAPTER 89-PROFESSIONAL BOXING SAFETY**

