2017 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 25 - Trade Practices
Part 8 - Coupon Sales Promotions
§ 47-25-804. Information required on coupon.
- (a) Every coupon, whether sold or distributed individually or as part of a coupon book, shall clearly and conspicuously set forth, on its face, the name and business address of the coupon sponsor and a specific description, as provided in the agreement between the promoter and the sponsor of:
- (1) The goods, services, or discount privileges which the sponsor will provide in exchange for the coupon;
- (2) The hours during each day and the days during each week when the coupon will be accepted for redemption by the sponsor;
- (3) The expiration date of the coupon; and
- (4) All purchases required of the coupon holder as a condition of redemption and any other restrictions and limitations imposed on the redemption of the coupons by the sponsor.
- (b) Every coupon book, and every coupon sold or distributed individually, shall contain on its face:
- (1) The name and permanent business address of the promoter; and
- (2) The following statement in bold face or other conspicuous type or lettering:
- "REDEMPTION MAY BE SUBJECT TO CERTAIN CONDITIONS AND LIMITATIONS WHICH MUST BE STATED ON THE COUPON. YOU ARE ENTITLED TO INSPECT EACH COUPON BEFORE PURCHASE."
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