§ 5-50-5 — § 5-50-5. Duration of contracts.
This text of Rhode Island § 5-50-5 (§ 5-50-5. Duration of contracts.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 5-50-5. Duration of contracts.
(a) No contract for health club services shall be for a term longer than twenty-four (24) months; except that upon expiration of the contract, the seller may offer the buyer the right to renew his or her contract for a similar, shorter or longer period not to exceed twenty-four (24) months.
(b) No contract for health club services shall require payments or financing by the buyer over a period that extends more than one month beyond the expiration of the contract. The installment payments shall be in substantially equal amounts exclusive of the down payment and sh
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Rhode Island § 5-50-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/5-50-5.