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“REDEMPTION MAY BE SUBJECT TO CERTAIN CONDITIONS AND LIMITATIONS WHICH MUST BE STATED ON THE COUPON. YOU ARE ENTITLED TO INSPECT EACH COUPON BEFORE PURCHASE."
ATCP 131.03 History History: Cr. Register, January, 1978, No. 265, eff. 2-1-78.
ATCP 131.04 ATCP 131.04Sale of coupons.
ATCP 131.04(1) (1) The total number of coupons sold, offered for sale or otherwise distributed shall not exceed the total number specified in the contract between the promoter and sponsor.
ATCP 131.04(2) (2) No coupon may be published, sold, distributed or represented contrary to the terms of the agreement between the promoter and the sponsor, or obligate the sponsor to provide goods, services or discount privileges other than those specified in the agreement.
ATCP 131.04(3) (3) No individual coupon shall be redeemable at more than one place of business, unless all places of business at which it is redeemable are owned or operated by the same sponsor.
ATCP 131.04(4) (4) No coupon may be sold, offered for sale or otherwise distributed prior to the promotion beginning date or after the promotion ending date specified in the contract between the promoter and sponsor.
ATCP 131.04 History History: Cr. Register, January, 1978, No. 265, eff. 2-1-78.
ATCP 131.05 ATCP 131.05Accounting to sponsor. Within 10 days after the promotion ending date or 10 days after all coupons have been sold or otherwise distributed, whichever occurs first, the promoter shall inform the sponsor in writing of the total number of coupons sold or distributed, and remit all funds owed to the sponsor from coupon sales under the terms of their agreement.
ATCP 131.05 History History: Cr. Register, January, 1978, No. 265, eff. 2-1-78.
ATCP 131.06 ATCP 131.06Agreements for use of name. All agreements between the promoter and persons authorizing the promoter to use their name, tradename or trade- mark in aid of the sale or promotion of the sale of coupons shall be in writing, with a copy being furnished to each such person. Such agreements shall conspicuously disclose that persons agreeing to the use of their name, tradename or trademark by the promoter may be held jointly accountable with the promoter for any violation of this chapter or other applicable laws.
ATCP 131.06 History History: Cr. Register, January, 1978, No. 265, eff. 2-1-78.
ATCP 131.07 ATCP 131.07Prohibited practices.
ATCP 131.07(1) (1) No promoter shall misrepresent, directly or by implication:
ATCP 131.07(1)(a) (a) That any person is sponsoring, endorsing, or participating in the sale of any coupon;
ATCP 131.07(1)(b) (b) That the promoter is an employee or agent of any person sponsoring, endorsing, or participating in the sale of any coupon or coupon book;
ATCP 131.07(1)(c) (c) That the coupon is not sold for profit or that the price charged for a coupon is solely or primarily to cover actual costs incurred by the promoter in the printing, distribution or sale of the coupon;
ATCP 131.07(1)(d) (d) The name, address, or identity of the promoter or of the person or organization whom the promoter represents.
ATCP 131.07(2) (2) No promoter shall represent, directly or by implication:
ATCP 131.07(2)(a) (a) That proceeds from the sale of any coupon will be donated to any charity, civic or religious group, or other nonprofit organization unless such representation is true, and the amount to be donated is disclosed in one of the following forms:
ATCP 131.07(2)(a)1. 1. The minimum amount stated in dollars.
ATCP 131.07(2)(a)2. 2. The minimum percentage of the gross income.
ATCP 131.07(2)(a)3. 3. The minimum percentage of the net income.
ATCP 131.07(2)(b) (b) That an offer is being made to specially selected persons or that the buyer or prospective buyer has been specially selected, unless such representation is true and the specific basis on which such representation is made is concurrently disclosed to the prospective buyer;
ATCP 131.07(2)(c) (c) That a survey, test, contest or research project is being conducted, when in fact the principal objective is to sell coupons or coupon books or to obtain prospects for coupon sales.
ATCP 131.07(3) (3) No promoter shall:
ATCP 131.07(3)(a) (a) Sell, offer to sell, or otherwise distribute any coupon in violation of any provisions of this chapter;
ATCP 131.07(3)(b) (b) Make any representation inconsistent with or contrary to the terms and conditions contained in any coupon or in the agreement between the promoter and sponsor;
ATCP 131.07(3)(c) (c) Advertise or otherwise represent that a coupon has a stated monetary value or will enable the purchaser or holder to save a stated amount of money, without disclosing in connection with such advertisement the total amount which must be paid by the purchaser or holder for the coupon and the total amount of all purchases which must be made by the purchaser or holder as a condition of redemption of the coupon;
ATCP 131.07(3)(d) (d) Use the name, tradename or trademark of any person to aid in the sale or promotion of the sale of coupons unless the promoter has entered into a written agreement with the person whose name, tradename or trademark is being used as required under this chapter.
ATCP 131.07 History History: Cr. Register, January, 1978, No. 265, eff. 2-1-78; CR 06-028: am. (2) (a) Register November 2006 No. 611, eff. 12-1-06.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.