There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 367 CONSUMER PROTECTION
367.450 Return of goods to seller after cancellation -- Time and place of return -- Seller's compensation -- Application of statute.
Download pdfcanceled or an offer to purchase revoked, the buyer upon demand must tender to the
seller any goods delivered by the seller pursuant to the sale but he is not obligated to
tender at any place other than his residence. If the seller fails to demand possession
of goods within a reasonable time after cancellation or revocation, the goods
become the property of the buyer without obligation to pay for them. For the
purpose of this section, 40 days is presumed to be a reasonable time. (2) The buyer has a duty to take reasonable care of the goods in his possession before cancellation or revocation and for a reasonable time thereafter, during which time
the goods are otherwise at the seller's risk. (3) If the seller has performed any services pursuant to a home solicitation sale prior to its cancellation, the seller is entitled to no compensation. (4) KRS 367.410 to 367.450 shall not apply to sales under $25.00 or any type of insurance sale or sales. History: Amended 1974 Ky. Acts ch. 284, sec. 4. -- Created 1972 Ky. Acts ch. 29, sec. 5.
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