552.7 Buyer’s cancellation. If a buyer cancels a physical exercise club contract pursuant to the three-day cancellation provision, the physical exercise club shall send the buyer a written confirmation ofcancellation, together with the buyer’s refund and any negotiable instruments executed bythe buyer, within forty-five days after receipt by the physical exercise club of the buyer’scancellation notice. If the physical exercise club fails to send the written confirmation to thebuyer within forty-five days after receiving a timely cancellation, the physical exercise clubis deemed to have accepted the cancellation. 88 Acts, ch 1221, §7Referred to in §552.1 Sat Dec 23 01:48:31 2023 Iowa Code 2024, Section 552.7 (15, 0)
Iowa Legal Code