Md. Code Regs. 02.01.07.08

Current through Register Vol. 51, No. 12, June 14, 2024

Section 02.01.07.08 - Cancellation Notice

A. Attached to the contract as a part thereof, there shall be a Notice of Cancellation, provided in duplicate and in easily detachable form, in not less than 10-point boldface type, which reads as follows: Notice of Cancellation (Date of contract) You may cancel this contract, without any penalty or obligation, within 3 business days from the above date. If you cancel, any property entrusted to (enter name of invention developer) and any payments made by you under the contract will be returned within 10 business days following receipt by (enter name of invention developer) of your cancellation notice. To cancel this contract, mail or deliver a signed and dated copy of this cancellation notice or any other written notice, or send a telegram, to (enter name of invention developer), at (enter address of invention developer) not later than midnight of (enter proper date). I hereby cancel this contract. _________ Date ______________________________ Customer's signature

B. The invention developer shall complete the notice of cancellation form with all proper information, leaving blank only the date on which the customer executes the cancellation notice and the customer's signature.