Iowa § 552.7 Buyer’s cancellation

Iowa Statutes

§ 552.7 — Buyer’s cancellation

Iowa § 552.7

Title XIIICOMMERCE

Ch. 552PHYSICAL EXERCISE CLUBS

This text of Iowa § 552.7 (Buyer’s cancellation) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 552.7 (2026).

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.

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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.