2013 Kentucky Revised Statutes
CHAPTER 367 - CONSUMER PROTECTION
367.440 Return of evidence of sale to buyer after cancellation.

Download as PDF 367.440 Return of evidence of sale to buyer after cancellation. (1) (2) (3) Within ten (10) days after a home solicitation sale has been canceled or an offer to purchase revoked, the seller must 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 must be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement. Until the seller has complied with the obligations imposed by this section the buyer may retain possession of goods delivered to him by the seller and has a lien on the goods in his possession or control for any recovery to which he is entitled. History: Amended 1974 Ky. Acts ch. 284, sec. 1. -- Created 1972 Ky. Acts ch. 29, sec. 4.