Iowa Code § 552.7
Buyer’s cancellation
Iowa · Iowa Code Chapter 552 — Physical Exercise Clubs · Status: effective
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- Citation
- Iowa Code § 552.7, Buyer’s cancellation, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2272036
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Full text
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.