As used in this part, except where the context otherwise requires:

(1) “Coupon” means any writing, form, ticket, certificate, token, or similar device designed or intended to be sold or offered for sale which is represented as entitling the purchaser or holder to purchase or procure goods or services at a reduced price or free of charge upon presentation thereof to the seller or supplier of such goods or services. “Coupon” includes “coupon book.” “Coupon” does not include:

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Terms Used In Tennessee Code 47-25-802

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Coupon: includes "coupon book. See Tennessee Code 47-25-802
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means any individual, partnership, firm, corporation, association, or other business organization or entity, including charitable or nonprofit organizations and their officers and employees. See Tennessee Code 47-25-802
  • Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
  • Sponsor: means any person represented as being obligated to provide goods, services, or discount privileges to the purchaser or holder of a coupon. See Tennessee Code 47-25-802
(A) Coupons sold or offered for sale directly by the coupon sponsor where all proceeds from the sale are returned to the sponsor;
(B) Coupons redeemable only for motor vehicle parking or urban mass transit privileges;
(C) Coupons published by or distributed through newspapers or other periodicals, in advertisements other than their own;
(D) Coupons within, attached to, or a part of any package or container as packed by the original manufacturer and which are redeemed by such manufacturer;
(E) Trading stamps; and
(F) Cents-off or free coupons authorized by the original manufacturer or retailer and distributed in any fashion;
(2) “Coupon book” means a group of two (2) or more coupons sold, offered for sale, or otherwise distributed as a single unit;
(3) “Person” means any individual, partnership, firm, corporation, association, or other business organization or entity, including charitable or nonprofit organizations and their officers and employees;
(4) “Promoter” means any person, and any agent or representative of such person, engaged in the sale or offering or solicitation for sale of coupons; and
(5) “Sponsor” means any person represented as being obligated to provide goods, services, or discount privileges to the purchaser or holder of a coupon.
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