Current through Public Act 103-1052
Section 815 ILCS 645/8 - Prohibited contract provisions(c) The initial term of services to be rendered under the contract may not extend over a period of more than one year from the date the parties enter into the contract; provided that the customer may be given an option to renew the contract for consecutive periods of not more than one year each for a reasonable consideration not less than 10% of the cash price of the original membership.(d) No contract for physical fitness services shall require or entail the execution of any note by the customer which, when separately negotiated, will cut off as to third parties any right of action or defense which the customer may have against the physical fitness center. No right of action or defense arising out of a contract for physical fitness services which the customer has against the center shall be cut off by assignment of the contract whether or not the assignee acquires the contract in good faith and for value. Such an assignee is not a holder in due course.Amended by P.A. 100-0658,§ 5, eff. 1/1/2019.Amended by P.A. 094-0687, § 5, eff. 11/3/2005.Amended by P.A. 094-0663, § 5, eff. 1/1/2006.