Chapter
299
2004 -- H 7441 SUBSTITUTE A
Enacted 07/03/04
A N A C T
RELATING TO TRUTH IN LENDING
AND RETAIL SELLING
Introduced By:
Representatives Lima, Cerra, Kennedy, Giannini, and Benson
Date
Introduced: January 29, 2004
It is enacted by the General
Assembly as follows:
SECTION
1. Section 6-27-9 of the General Laws in Chapter 6-27 entitled "Truth in
Lending and Retail Selling"
is hereby amended to read as follows:
6-27-9.
Retail sales -- Refunds. -- (a) Wherever Except where a
customer has been
clearly informed by either a
poster or other appropriate notice placed at the point of display or at
the cash register or at the
store entrance that all sales are final and that the merchandise is not
returnable, wherever a customer who has paid cash for an item, and who has
in his or her
possession a sales slip or other
evidence that he or she has purchased the item in a retail outlet,
returns the item, unused, within
ten (10) business days from the date of purchase, he or she shall
be entitled to a refund in the same
manner as paid in an amount equivalent to that paid at the time
of sale unless he or she has
been clearly informed otherwise by a poster placed at the point of
display or at the cash register or
at the store entrances.
(b)
This section shall not apply to the sale of books, magazines or any
publications, food,
perishable items, merchandise which
is substantially custom-made or custom-finished, items for
internal consumption, and items sold
"as is," or any items presently prohibited for refund, return,
or exchange by a retailer by
federal or state law or any rule or regulation promulgated by any
state agency.
(c) Any
person, corporation or entity, refusing or neglecting to post in accordance
with
subsection (a), shall be deemed
guilty of a misdemeanor for each violation and shall be punished
by a fine of not less than five
hundred dollars ($500) or more than one thousand dollars ($1,000).
SECTION
2. This act shall take effect upon passage.
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LC01101/SUB A
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