R152-26-6. Right of Rescission

For purposes of Subsection 13-26-5(2), a written notification of cancellation is effective the earliest of: (1) when the notice is actually received by the seller; (2) when the notice is placed in the possession of a U.S. Postal Service employee or in a receptacle for letters authorized by the U.S. Postal Service, provided the postage is prepaid and the letter is properly addressed to the seller; or (3) when the notice is placed in the possession of a common carrier for delivery within three days.