Notice Sent by Mail; Time of Effectiveness; Inconsistent Rescission Requirements

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Sec. 3. (a) If a notice of rescission under this chapter is sent by mail, the rescission is effective three (3) days after the notice is deposited in the U.S. mail, properly addressed, with postage prepaid.

(b) A homeowner is not required to give notice of rescission in the form required under the contract if the form under the contract is inconsistent with the requirements under this chapter.

As added by P.L.209-2007, SEC.2.


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