Rhode Island § 6-32-4 § 6-32-4. Notice required on agreement.

Rhode Island Statutes

§ 6-32-4 — § 6-32-4. Notice required on agreement.

Rhode Island § 6-32-4

Title 6Commercial Law – General Regulatory Provisions

Ch. 6-32Lay-Away Sales

This text of Rhode Island § 6-32-4 (§ 6-32-4. Notice required on agreement.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 6-32-4 (2026).

Text

§ 6-32-4. Notice required on agreement.
(a) No lay away sale shall be effective unless a written memorandum of the sale is signed
            and dated by the buyer and unless it conspicuously contains the following directly
            above the space reserved in the agreement or sales slip for the signature of the buyer:
         
Notice to buyer:
(1) You are entitled to a copy of this document at the time you sign it.
         
(2) You may at any time pay off the full unpaid balance due under this agreement, and
            in so doing you may be entitled to receive a partial rebate of the finance and 

Free access — add to your briefcase to read the full text and ask questions with AI

§ 6-32-4. Notice required on agreement.

(a) No lay away sale shall be effective unless a written memorandum of the sale is signed and dated by the buyer and unless it conspicuously contains the following directly above the space reserved in the agreement or sales slip for the signature of the buyer:

Notice to buyer:

(1) You are entitled to a copy of this document at the time you sign it.

(2) You may at any time pay off the full unpaid balance due under this agreement, and in so doing you may be entitled to receive a partial rebate of the finance and insurance charges, if any.

(3) You may cancel this agreement provided you notify the seller in person or by registered or certified mail, which shall be given not later than midnight of the tenth calendar day after the day on which the buyer signs the agreement, excluding Sunday and any holiday on which regular mail deliveries are not made.

(b) The seller is not precluded from using his or her own form of notice provided it at least affords the consumer the protection of the statutory notice.