(a) The total number of coupons sold, offered for sale, or otherwise distributed shall not exceed the total number specified in the contract between the promoter and sponsor.

Terms Used In Tennessee Code 47-25-805

  • Contract: A legal written agreement that becomes binding when signed.
  • Coupon: includes "coupon book. See Tennessee Code 47-25-802
  • Promoter: means any person, and any agent or representative of such person, engaged in the sale or offering or solicitation for sale of coupons. See Tennessee Code 47-25-802
  • 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
(b) No coupon may be published, sold, distributed, or represented contrary to the terms of the agreement between the promoter and the sponsor, or obligate the sponsor to provide goods, services, or discount privileges other than those specified in the agreement.
(c) No individual coupon shall be redeemable at more than one (1) place of business, unless all places of business at which it is redeemable are owned or operated by the same sponsor.
(d) No coupon may be sold, offered for sale, or otherwise distributed prior to the promotion beginning date or after the promotion ending date specified in the contract between the promoter and sponsor.
  Previous section
Next section  
 Part 8 Contents