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Current as of January 01, 2023 | Updated by Findlaw Staff
Every prepaid entertainment contract shall:
(1) Be in writing, fully completed, dated and signed by all contracting parties. A copy of the contract shall be given to the buyer at the time he signs the contract;
(2) Have a duration of service that is a precisely measured period of years or any definite part of a year;
(3) Contain a full statement of the buyer's rights under G.S. 66-120;
(4) Contain, in immediate proximity to the space reserved for the signature of the buyer, in bold face type of a minimum size of 10 points, a statement of the buyer's rights under G.S. 66-121, in substantially the following form:
“You the buyer, may cancel this contract at any time prior to midnight of the third business day after the date of this contract. To cancel, you must notify the seller in writing not later than midnight of ․․․․․․․․․․ (Date).”
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 66. Commerce and Business § 66-119. Contract requirements - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-66-commerce-and-business/nc-gen-st-sect-66-119/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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