Tennessee Code 47-18-306 – Duration of agreements
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 47-18-306
- Buyer: means a purchaser under a health club agreement. See Tennessee Code 47-18-301
- Contract: A legal written agreement that becomes binding when signed.
- Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
- Health club: means any enterprise, however styled, which offers on a regular, full-time basis, and pursuant to a health club agreement, services or facilities for the development or preservation of physical fitness through exercise, weight control or athletics. See Tennessee Code 47-18-301
- Health club agreement: means an agreement whereby a buyer purchases, or is obligated to purchase, any right to use health club facilities or services. See Tennessee Code 47-18-301
- Operator: means any person, firm, corporation, or business entity which operates a health club. See Tennessee Code 47-18-301
- written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105