(a) It shall be deemed compliance with Section 1799.202 if a copy of any consumer contract which is subject to Article 10 (commencing with Section 1810.1) of Chapter 1 of Title 2, or which is an open-end consumer credit plan subject to Section 127 of the federal Truth in Lending Act (15 U.S.C. § 1637), is delivered or mailed to the consumer before the consumer enters into a transaction covered and permitted by the consumer contract.

(b) Section 1799.202 does not apply to any of the following:

Terms Used In California Civil Code 1799.203

  • Consumer: means a natural person who has entered into a consumer contract with a seller. See California Civil Code 1799.201
  • Consumer contract: means a writing prepared by a seller and, except as provided in subdivision (c) of Section 1799. See California Civil Code 1799.201
  • Contract: A legal written agreement that becomes binding when signed.
  • Copy: means a reproduction, facsimile, or duplicate. See California Civil Code 1799.201
  • Days: means calendar days. See California Civil Code 1799.201
  • Goods: means tangible and intangible personal property. See California Civil Code 1799.201
  • Seller: means a person who has entered into a consumer contract with a consumer. See California Civil Code 1799.201
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC

(1) A consumer contract for the purchase of goods by mail if the seller permits the consumer to examine the goods for seven calendar days and cancel the consumer contract and receive a full refund within 30 calendar days for returned unused and undamaged goods.

(2) A written contract created by, and consisting of, an exchange of letters by mail.

(3) Any consumer contract which is required to be mailed or delivered at a time prescribed by another law of this state or the United States.

(Amended by Stats. 1991, Ch. 1129, Sec. 3.)

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