Iowa Code 552A.3 – Right of cancellation — requirement of writing — internet sales
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Terms Used In Iowa Code 552A.3
- Contract: A legal written agreement that becomes binding when signed.
- Internet: means the federated international system that is composed of allied electronic communication networks linked by telecommunication channels, that uses standardized protocols, and that facilitates electronic communication services, including but not limited to use of the world wide web; the transmission of electronic mail or messages; the transfer of files and data or other electronic information; and the transmission of voice, image, and video. See Iowa Code 4.1
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
552A.3 Right of cancellation — requirement of writing — internet sales.
The requirements of sections 555A.1 through 555A.5, relating to door-to-door sales, shall
apply to sales of buying club memberships, irrespective of the place or manner of sale or the purpose for which they are purchased, except that in connection with the sale of a buying club membership transacted through the internet by a company primarily engaged in the sale of goods through the internet, § 555A.4, subsections 1 and 3 shall not apply. In addition to the requirements of chapter 555A, a contract shall not be enforceable against a person acquiring a membership in a buying club unless the contract is in writing and signed by the purchaser.
93 Acts, ch 60, §3; 2015 Acts, ch 101, §1
The requirements of sections 555A.1 through 555A.5, relating to door-to-door sales, shall
apply to sales of buying club memberships, irrespective of the place or manner of sale or the purpose for which they are purchased, except that in connection with the sale of a buying club membership transacted through the internet by a company primarily engaged in the sale of goods through the internet, § 555A.4, subsections 1 and 3 shall not apply. In addition to the requirements of chapter 555A, a contract shall not be enforceable against a person acquiring a membership in a buying club unless the contract is in writing and signed by the purchaser.
93 Acts, ch 60, §3; 2015 Acts, ch 101, §1