§ 2186. Contract
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce
73 P.S. § 2186
§ 2186. Contract
You, the buyer, may cancel this contract at any time prior to 12 midnight of the fifth day after the date of the transaction. See the attached notice of cancellation form for an explanation of this right.
(3) A full and detailed description of the services to be performed by the credit services organization for the buyer, including all guarantees and all promises of full or partial refunds, and the estimated date by which such services are to be performed or estimated length of time for performing such services.
(c) Notice of cancellation.--The contract shall be accompanied by a completed form in duplicate, captioned “Notice of Cancellation,” which shall be attached to the contract and easily detachable and which shall contain, in at least 10-point type, the following statement written in the same language as used in the contract:
Notice of Cancellation
You may cancel this contract without any penalty or obligation within five days from the date the contract is signed.
If you cancel, any payment made by you under this contract will be returned within 15 days following receipt by the seller of your cancellation notice.
To cancel this contract, mail or deliver a signed and dated copy of this cancellation notice or any other written notice to (name of seller) at
(address of seller)
(place of business)
not later than 12 midnight (date).
I hereby cancel this transaction.
1992, Dec. 16, P.L. 1144, No. 150, § 6, effective in 6 months.
73 P.S. § 2186, PA ST 73 P.S. § 2186
Current through 2023 Regular Session Act 7. Some statute sections may be more current, see credits for details.
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