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Ind. Code § 24-4.5-2-502

Buyer's right to cancel

Known as the Uniform Consumer Credit Code

The act spans §§ 24-4.5-1-101 to 24-4.5-7-414 (251 sections).

Formerly: Acts 1971, P.L.366, SEC.3

Sec. 502. Buyer's Right to Cancel — The requirements of 16 CFR 429 must be met in regard to the following provisions concerning home solicitation sales:

(1) Period within which cancellation may be made by the buyer.

(2) Notice of cancellation.

(3) Form of cancellation.

(4) Form of agreement or offer to purchase.

(5) Statement of buyer's rights.

(6) Restoration of down payment.

(7) Retention of cancellation fee.

(8) Duty of buyer.

(9) Any other relevant requirements in 16 CFR 429.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.