RSA 358-S:1 Definitions.
Title: XXXI - TRADE AND COMMERCE
Chapter: 358-S - MARTIAL ARTS SCHOOLS
As used in this chapter:
I. "Contract" means a month-to-month contract, monthly contract, or a term contract:
(a) "Month-to-month contract" means any contract for a new prospective student to pay membership fees on a monthly basis.
(b) "Monthly contract" means any contract where services are paid pro rata on a monthly basis for a predetermined period of time in excess of one month. No monthly contract shall be considered a "term contract."
(c) "Term contract" means any contract where services are paid for in whole and in advance for a period of time greater than one month.
II. "Facilities" means equipment, physical structures, and other tangible property utilized by a martial arts school to conduct its business.
III. "Initiation fee" means any sum