Section 8-617 - Payment before signing contract; deposit limited.
§ 8-617. Payment before signing contract; deposit limited.
(a) Payment before signing contract.- A person may not demand or receive any payment for a home improvement before the home improvement contract is signed.
(b) Deposit limited.- A person may not receive a deposit of more than one-third of the home improvement contract price before or at the time of execution of the home improvement contract.
[An. Code 1957, art. 56, § 261; 1992, ch. 4, § 2.]