"Home solicitation sale" means a consumer credit sale of goods, other than farm equipment, or services in which:

1. (1) the seller or a person acting for the seller engages in a personal solicitation of the sale, including a solicitation over the telephone, at a residence of the buyer and the buyer's agreement or offer to purchase is there given to the seller or a person acting for the seller; or

2. (2) the seller or the seller's agent, solicits a sale in a city or town in which the seller does not have a permanent business establishment, through mailings, advertisements, or telephone calls, which require the buyer to meet the seller or the seller's agent at a place other than the seller's permanent business establishment.

   The term does not include a sale made pursuant to a preexisting revolving charge account, or a sale made pursuant to prior negotiations between the parties at a business establishment at a fixed location where goods or services are offered or exhibited for sale.

   [Pre-2026 Revision Citation: 24-4.5-2-501.]

As added by P.L.115-2026, SEC.97.