New Jersey S3306 mandates health clubs to notify members if the club is sold and the contract is assigned to a new owner.

New Jersey S3306 amends existing law to require health clubs to inform members if the club is sold and their services contract is assigned to a new owner. Members must provide written consent for the contract to be transferred, which can be electronic. The club must notify members of the transfer date separately from the contract. If the new owner does not obtain consent within 30 days, the contract is canceled unless the member consents later. The law applies to contracts entered into after the act's effective date.

New Jersey S3306 mandates health clubs to notify members if the club is sold and the contract is assigned to a new owner.

New Jersey S3306 amends existing law to require health clubs to inform members if the club is sold and their services contract is assigned to a new owner. Members must provide written consent for the contract to be transferred, which can be electronic. The club must notify members of the transfer date separately from the contract. If the new owner does not obtain consent within 30 days, the contract is canceled unless the member consents later. The law applies to contracts entered into after the act's effective date.