Section 460.10  Definitions

For purposes of this Part, the terms used in this Part have the meanings ascribed herein.

            "Attorney General":  means the Attorney General of the State of Illinois or his or her delegate.

            "Business Day" means any calendar day except Sunday or the following business holidays:  New Year's Day, Martin Luther King Jr.'s Birthday, Presidents' Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans' Day, Thanksgiving Day and Christmas Day.

            "Buyer" means any person who for consideration obtains the right to purchase club merchandise from a buyers club at discount prices.

            "Buyers club" means any person who for consideration provides or purports to provide its buyers with the right to purchase club merchandise at discount prices.

            "Buyers club contract" means any contract between a buyer and a buyers club by which the buyer for consideration receives the right to obtain club merchandise from the buyers club at discount prices.

            "Club merchandise" means furniture, motor vehicles, carpeting, food for home consumption, or appliances.

            "Discount prices" means prices represented to be lower on all or most club merchandise than those generally charged for club merchandise in the locality where the representation is made.

            "Person" means any natural person or his legal representative, partnership, corporation (domestic and foreign), company, trust, business entity or association, and any agent, employee, salesman, partner, officer, director, member, stockholder, associate, trustee or cestui que trust thereof.

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