The seller shall deliver to the buyer, or mail to him at his address shown on the contract, an executed copy thereof. Until the seller does so, a buyer who has not received the goods or services shall have an unconditional right to cancel the contract and to receive immediate refund of all payments made and redelivery of all goods traded-in to the seller on account or in contemplation of the contract. Any acknowledgment by the buyer of delivery of a copy of the contract shall be printed or typewritten in a size equal to or greater than ten-point type; if contained in the contract, it shall appear directly above the space reserved for the buyer’s signature. In any domicile retail installment sale for a value of more than seventy-five dollars ($75), the buyer shall have, in order to cancel the contract, three working days from the date in which delivery of goods is made. There shall be no surcharge if the cancellation is made within the time limit. The seller shall not be bound to accept the goods, if the latter has suffered damages or deterioration in the hands of the buyer. The return and subsequent acceptance of damaged goods shall not relieve the buyer from the payment of compensation.
History —June 19, 1964, No. 68, p. 192, § 2011, renumbered as § 211 and amended on May 31, 1972, No. 78, p. 171, § 8, eff. 180 days after May 31, 1972.