§ 552.1 Definitions
§ 552.2 Purpose
§ 552.3 Unenforceable contracts
§ 552.4 Contracts for physical exercise club services — right of cancellation
§ 552.5 Contract — statement of buyer’s rights — form
§ 552.6 Delivery of physical exercise club rules
§ 552.7 Buyer’s cancellation
§ 552.8 Duration of contract — renewal
§ 552.9 Notice of membership plans, prices, and right of cancellation
§ 552.10 Statement regarding assignability of buyer’s obligation
§ 552.11 Buyer’s rights upon assignment
§ 552.12 Listing of equipment and services
§ 552.13 Remedies — violations
§ 552.14 Prohibited activities
§ 552.16 Escrow — bond
§ 552.17 Consumer credit sales
§ 552.18 Waiver of provisions
§ 552.19 Immunity
§ 552.20 Rules
§ 552.21 Construction of chapter
§ 552.22 Applicability

Terms Used In Iowa Code > Chapter 552 - Physical Exercise Clubs

  • Account: means the same as defined in section 554. See Iowa Code 554E.1
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: means the same as defined in section 554D. See Iowa Code 554E.1
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • financial institution: means the same as defined in section 527. See Iowa Code 547A.1
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Fraud: Intentional deception resulting in injury to another.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • Physical exercise club: means a person offering services or facilities, or both, for the preservation, maintenance, encouragement, or development of physical fitness or well-being in return for the payment of a fee entitling the buyer to the use of the services or facilities. See Iowa Code 552.1
  • Physical exercise club contract: means an agreement by which a buyer is entitled to membership in a physical exercise club or use of the services or facilities of a physical exercise club. See Iowa Code 552.1
  • Prepayment: means any partial or full payment for services or the use of facilities made before the services are actually made available by the physical exercise club or the facility is fully opened for business as described in section 552. See Iowa Code 552.1
  • Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
  • Transaction: means a sale, trade, exchange, transfer, payment, or conversion of a digital asset or any other property or any other action or set of actions occurring between two or more persons relating to the conduct of business, commercial, or governmental affairs. See Iowa Code 554E.1