TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION
CHAPTER II: ATTORNEY GENERAL
PART 460 BUYERS CLUBS
SECTION 460.50 EXCEPTIONS FROM APPLICATION


 

Section 460.50  Exceptions from Application

 

This Part shall not apply to:

 

a)         Any buyers club who for $50.00 or less sells the right to purchase club merchandise at discount prices.

 

b)         Any buyers club (including any travel club, motor club, airline travel club, charter group or credit card company) whose total revenue obtained from the sale of club merchandise at discount prices is less than 20% of its annual gross revenue.

 

(Source:  Amended at 10 Ill. Reg. 10957, effective June 6, 1986)