Part Definitions

1. Law
2. Tennessee Code
3. Commercial Instruments and Transactions
4. Trade Practices
5. Coupon Sales Promotions
6. Part Definitions

As used in this part, except where the context otherwise requires:

1. “Coupon” means any writing, form, ticket, certificate, token, or similar device designed or intended to be sold or offered for sale which is represented as entitling the purchaser or holder to purchase or procure goods or services at a reduced price or free of charge upon presentation thereof to the seller or supplier of such goods or services. “Coupon” includes “coupon book.” “Coupon” does not include:
   1. Coupons sold or offered for sale directly by the coupon sponsor where all proceeds from the sale are returned to the sponsor;
   2. Coupons redeemable only for motor vehicle parking or urban mass transit privileges;
   3. Coupons published by or distributed through newspapers or other periodicals, in advertisements other than their own;
   4. Coupons within, attached to, or a part of any package or container as packed by the original manufacturer and which are redeemed by such manufacturer;
   5. Trading stamps; and
   6. Cents-off or free coupons authorized by the original manufacturer or retailer and distributed in any fashion;
2. “Coupon book” means a group of two (2) or more coupons sold, offered for sale, or otherwise distributed as a single unit;
3. “Person” means any individual, partnership, firm, corporation, association, or other business organization or entity, including charitable or nonprofit organizations and their officers and employees;
4. “Promoter” means any person, and any agent or representative of such person, engaged in the sale or offering or solicitation for sale of coupons; and
5. “Sponsor” means any person represented as being obligated to provide goods, services, or discount privileges to the purchaser or holder of a coupon.

Download our app to see the most-to-date content.