Indiana Statutes

§ 24-5-7-3 — Contracts; term; limitations

Indiana·Art. 5 CONSUMER SALES·Ch. 7 Health Spa Services
(a)No contract for health spa services may require payments or financing by the buyer over a period in excess of thirty-six (36) months from the date that the contract is entered into. The term of a contract may not be measured by or be for the life of the buyer.
(b)The term of a contract may not exceed three (3) years from the date that the contract is entered into. A buyer may renew a contract for additional periods, but the contract price for the renewal of a contract must be at least twenty-four dollars ($24) per year.

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Related

Odier v. Hoffmann School of Martial Arts, Inc.
619 F. Supp. 2d 571 (N.D. Indiana, 2008)

Legislative History

As added by P.L.249-1983, SEC.1. Amended by P.L.24-1989, SEC.15.

Nearby Sections

15
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