Comments on: 3 day cooling off period https://blog.ryanhlaw.com/cooling-off-period/ Personal Finance Simplified Sun, 23 Dec 2018 03:33:33 +0000 hourly 1 https://wordpress.org/?v=4.5.31 By: RyanLaw https://blog.ryanhlaw.com/cooling-off-period/#comment-639 Tue, 05 Jan 2016 20:42:42 +0000 http://blog.ryanhlaw.com/?p=137#comment-639 MISSOURI:
Missouri basically follows the federal law as well:
http://www.moga.mo.gov/mostatutes/stathtml/40700009371.HTML

but they specifically state that as long as the form is postmarked by midnight of the third day it counts as being cancelled on time.

They also don’t count Saturdays as business days. Federal law counts Saturday as a business day.

]]> By: RyanLaw https://blog.ryanhlaw.com/cooling-off-period/#comment-638 Tue, 05 Jan 2016 20:36:44 +0000 http://blog.ryanhlaw.com/?p=137#comment-638 IDAHO
Turns out that Idaho isn’t as consumer friendly as Utah. Here are their rules:
http://www.ag.idaho.gov/publications/consumer/ConsumerProtectionManual.pdf

On page 36 it talks about door-to-door sales:
“salesperson is required to furnish you with written notification that you have a three-working-day grace period in which to cancel the purchase. The salesperson should give you a contract or receipt for your purchase and two copies of the Notice of Cancellation form. You may cancel your purchase by signing and dating one copy of the form and mailing or delivering it to the seller within the three-day period.”

It’s basically the same as the federal law.

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