Code of Virginia - Title 59.1 Trade And Commerce - Section 59.1-299 Duration of contract

§ 59.1-299. Duration of contract

No health spa contract shall have a duration for a period longer than thirty-six months, including any renewal period; however, a health spa contract may exceed thirty-six months provided that:

1. Any initiation fee does not exceed ten times the initial monthly fee;

2. All payments for health spa services, other than the initiation fee, are collected as monthly fees on a monthly basis;

3. After an initial term of not more than twelve months, either party may cancel the health spa contract upon not more than thirty days' notice; and

4. The monthly fee is never reduced below eighty percent of the monthly fee at the time the contract is initially executed.

(1984, c. 738; 1990, cc. 392, 433; 1992, c. 117.)

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Last modified: April 3, 2009