Bill Title: As enacted, repeals registration requirement for certain health clubs; specifies that such clubs post a surety bond in the amount of $25,000 for each location conducting business in this state or certify their net worth of at least $10 million; removes the provision whereby a health club agreement is unenforceable against the buyer if the health club fails to obtain or fails to maintain a certificate of registration. - Amends TCA Title 47, Chapter 18 and Title 57, Chapter 4.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2016-05-02 - Pub. Ch. 858 [HB2037 Detail]

Text: Latest bill text (Draft #2) [PDF]

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