Sec. 1. (a) A written agreement entered into under IC 27-17-5-2 may be canceled for any reason by the cardholder within:
(1) thirty (30) days after the date the cardholder's identification card is delivered; or
(2) a period that exceeds the period specified in subdivision (1), as provided in the written agreement.
(b) A cardholder that cancels a written agreement under subsection (a) shall receive a full refund of all fees paid by the cardholder, less nominal fees associated with the enrollment cost of the identification card.