358-J:1 Definitions. – As used in this chapter: I. "Buying club" means any person, corporation, unincorporated association, or other organization which for a consideration provides or purports to provide its members or the members of any other buying club with the ability to purchase goods or services at discount prices; except that such organization […]
358-J:2 Cancellation of Membership. – I. Any person who has elected to become a member of a club may cancel such membership by: (a) Giving written notice any time before midnight of the third business day following the date on which membership was attained. Such cancellation shall be without liability on the part of […]
358-J:3 Membership Contract Requirements; Disclosure of Cancellation Rights. – I. A fully completed copy of every contract shall be delivered to the member at the time the contract is signed. Every contract must constitute the entire agreement between the seller and the member, shall be in writing, shall be signed by the member, and […]
358-J:4 Disclosure of Refund; Savings Based on Comparisons. – I. Every contract shall provide that if any goods ordered by the member from the buying club are not delivered to the member or available for pickup by the member at a location within his county of residence within 6 weeks from the date the […]
358-J:5 Remedies. – I. Any violation of the provisions of this chapter is an unfair or deceptive act or practice within the meaning of RSA 358-A:2. Any right, remedy or power set forth in RSA 358-A, including those set forth in RSA 358-A:4, II, may be used to enforce the provisions of this chapter. […]
358-J:6 Waiver of Provisions. – Any waiver by the member of the provisions of this chapter shall be deemed contrary to public policy and shall be void and unenforceable. Source. 1983, 438:1, eff. June 24, 1983.
358-J:7 Applicability. – The provisions of this chapter shall apply to all buying clubs doing business in this state and to all buying club contracts entered into on or after June 24, 1983. Source. 1983, 438:1, eff. June 24, 1983.
358-J:8 Bond Requirement. – Every buying club that has a membership fee in excess of $35 shall post a surety bond in the amount of $20,000 with the attorney general. The type of surety bond shall be designated by the attorney general. No bond shall be accepted for filing unless it is with a […]
