Sec. 8. (a) All money paid pursuant to a contract for health spa services that is cancelled under this chapter shall be refunded within thirty (30) days of receipt of a notice of cancellation. However, in a cancellation under section 6 of this chapter, the seller may retain the portion of the total price representing the services used or completed plus reimbursement for the expenses incurred in an amount not to exceed twenty-five percent (25%) of the total contract price. In no instance may the seller demand more than the full contract price from the buyer.
(b) If the buyer has executed any credit or loan agreement to pay for all or part of the cancelled health spa services, that agreement shall also be cancelled and returned within thirty (30) days. Notice of the duty described by this subsection must be included in each health spa services contract, in at least ten (10) point boldface type.
As added by P.L.249-1983, SEC.1. Amended by P.L.12-1986, SEC.9.
Structure Indiana Code
Chapter 7. Health Spa Services
24-5-7-0.1. Application of Certain Amendments to Chapter
24-5-7-2. Contracts; Requisites
24-5-7-3. Contracts; Term; Limitations
24-5-7-4. Contracts; Time for Performance; Voidability
24-5-7-5. Contracts; Cancellation; Notice; Refunds
24-5-7-6. Contracts; Cancellation Provisions; Contingencies
24-5-7-7. Contracts; Cancellation Provisions; Evidence of Disability or Death
24-5-7-8. Contracts Cancelled; Refunds; Proration, Cancellation of Loan Agreements
24-5-7-9. Compliance With Other Provisions of Law
24-5-7-10. Contracts; Voidability for Noncompliance; Cure by Seller; Actions
24-5-7-11. Contracts; Voidability for False Information or Advertisement
24-5-7-12. Waiver of Chapter Provisions Void
24-5-7-13. Surety Bonds; Contracts for Services to Be Rendered at Planned Facilities
24-5-7-14. Surety Bonds; Requisites; Cancellation; Notices; New Bond
24-5-7-16.5. Refunds; Options; Repair and Maintenance
24-5-7-17. Violations by Buyer or Seller; Actions; Penalties