§ 6-32-1. “Lay-away sales” defined. As used in this chapter, “lay-away sales” means any sale of goods in which the goods are offered for sale to the public on terms that permit periodic payment for the goods and with respect to which delivery is deferred until completion of payment of the entire purchase price. History […]
§ 6-32-2. Duties of the seller. It shall be unlawful for any seller of goods: (1) To fail to disclose or to misrepresent in any way the store’s policy with reference to a “lay-away” sale; (2) To represent to a buyer who is purchasing on a “lay-away” sale that the specific goods chosen by the […]
§ 6-32-3. Right to cancel — Method — Exception for special-order merchandise. (a) In addition to any right otherwise to revoke an offer, the buyer may cancel a lay-away plan sale by written notice of cancellation to the seller at the address specified for notice of cancellation provided by the seller not later than midnight […]
§ 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: […]
§ 6-32-5. Seller’s obligations on cancellation. Within thirty (30) days after a lay-away sale has been cancelled, the seller shall tender to the buyer any payments made by the buyer and any note or other evidence of indebtedness. If the down payment includes goods traded in, the goods shall be tendered in substantially as good […]
§ 6-32-6. Penalty for violation. Any person who violates any provision of this chapter shall be guilty of a misdemeanor. History of Section.P.L. 1976, ch. 291, § 2.
