Illinois Administrative Code
Title 14 - COMMERCE
Part 460 - BUYERS CLUBS
Subpart A - GENERAL PROVISIONS
Section 460.50 - Exceptions from Application

Universal Citation: 14 IL Admin Code ยง 460.50

Current through Register Vol. 48, No. 12, March 22, 2024

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.

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