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 of cancellation, together with the buyer’s refund and any negotiable instruments executed by the buyer, within forty-five days after receipt by the physical exercise club of the buyer’s cancellation notice. If the physical exercise club fails to send the written confirmation to the buyer within forty-five days after receiving a timely cancellation, the physical exercise club is deemed to have accepted the cancellation.
88 Acts, ch 1221, §7
Referred to in §552.1
Structure Iowa Code
Chapter 552 - PHYSICAL EXERCISE CLUBS
Section 552.3 - Unenforceable contracts.
Section 552.4 - Contracts for physical exercise club services — right of cancellation.
Section 552.5 - Contract — statement of buyer’s rights — form.
Section 552.6 - Delivery of physical exercise club rules.
Section 552.7 - Buyer’s cancellation.
Section 552.8 - Duration of contract — renewal.
Section 552.9 - Notice of membership plans, prices, and right of cancellation.
Section 552.10 - Statement regarding assignability of buyer’s obligation.
Section 552.11 - Buyer’s rights upon assignment.
Section 552.12 - Listing of equipment and services.
Section 552.13 - Remedies — violations.
Section 552.14 - Prohibited activities.
Section 552.16 - Escrow — bond.
Section 552.17 - Consumer credit sales.
Section 552.18 - Waiver of provisions.