These are the UPDATED Terms of Service as of the July 20th 2015:

ADDED Statement:

Adults only.

We have placed this detail over and above all of our other terms because it is the most important (although it is also referenced below). Please note that the Chaturbate.com platform is only open to consenting adults looking to express themselves in the form of streaming video and messaging. We have zero tolerance for any minors on the Chaturbate.com platform, whether such individuals are actually minors or pretending to be minors perhaps in a misguided attempt at role-play. Moreover, we have zero tolerance for any image of any minor being uploaded to our platform for any reason. Please be advised that we reserve the right to and do report each and every suspected minor to the National Center for Missing and Exploited Children and any and all other law enforcement agencies we feel appropriate. Although we attempt to identify any and all suspected minors, given the volume of users on Chaturbate.com at any given time, we request and encourage members to report each and every user he or she encounters which he or she believes or suspects to be under the age of eighteen. All reports are reviewed within minutes of our receipt, if not seconds. If you are a minor, you must immediately leave this site now. You are not legally permitted on Chaturbate for any reason, and if we find you on this site, we will report you to law enforcement as mentioned above. We will not reactivate you for any reason ever.

With respect to all other matters, we have attempted to keep our rules to a minimum only imposing those we feel are necessary for the safety of our users and the continued operation of Chaturbate.com.

Added in 3.A:

3.A 

WE HAVE A ZERO TOLERANCE POLICY FOR CHILD PORNOGRAPHY AND A ZERO TOLERANCE POLICY REGARDING PEDOPHILES, PEDERASTS OR ANY PEDOPHILIC, PEDERASTIC, OR SIMILAR RELATED ACTIVITY.

All depictions of all persons on the Site are provided under an obligation of the producer therefore to upload or stream videos or images portraying persons over the age of eighteen (18) as of the date of the production of the depiction. We take great measures to ensure that no underage models appear in any video or image on the Site. We report all images of minors to law enforcement including the National Center for Missing and Exploited Children (“NCMEC”) regardless of the state of dress of such minor or the purported purpose of posting. We will not contact you prior to reporting such images. We will simply terminate your account and provide the suspect images and all information to NCMEC. DO NOT UPLOAD OR STREAM ANY IMAGES OF ANY MINOR FOR ANY REASON.

Added 4.C:

4.C. In the event that You request, upload, stream and/or share any image(s) of any minor, as mentioned above, we will not contact you. We will simply terminate your account and report you to NCMEC and any and all law enforcement we, in our sole and exclusive discretion, determine appropriate;

Change in 4.D:

4.D. You will not use the Service to engage in any form of harassment or offensive behavior, including, but not limited to, the posting or sharing of any message, picture or recording, which contains may be libelous, slanderous, harassing, abusive or defamatory statements, or racist, obscene, offensive or other language which does not coincide with your local laws and community standards;

Change in 5.A:

5.A. There can be no minors, children, babies or unauthorized persons on camera or in the same room. In the event that any such minor appears on camera, we will immediately report you to NCMEC and any and all law enforcement we feel, in our sole and absolute discretion, appropriate.

Change in Statement 12:

Notice of Intellectual Property Infringement. The Site respects the intellectual property of others, and we ask our members and others to do the same. We voluntarily observe and comply with the DMCA. IT IS CHATURBATE’S POLICY TO TERMINATE THE ACCOUNTS OF REPEAT COPYRIGHT INFRINGERS, WHEN APPROPRIATE. If you believe that your work has been copied through use of the Service in a way that constitutes copyright infringement, or your intellectual property rights have been otherwise violated, please provide the Service’s Designated Copyright Agent with the following information:

Change in 12.C:

12.C. a description of where on the Service the material that you claim is infringing is located;

Change in Statement 13:

13. Virtual Money. The Service may, but is not obligated to, include a virtual, in-app currency (“Virtual Money”) including, but not limited to coins, cash, tokens or points, that may be purchased from us for “real-world” money if you are a legal adult in your country of residence. Other than a limited, personal, revocable, non-transferable, non-sublicenseable license to use the Virtual Money in the Service, you have no right or title in or to any such Virtual Money appearing or originating in the Service, or any other attributes associated with use of the Service or stored within the Service. Any Virtual Money purchased by you that is not used within ninety (90) days of purchase will expire and be deemed forfeited to the Service. We have the absolute right to manage, regulate, control, modify and/or eliminate such Virtual Money as we see fit in our sole discretion, and we shall have no liability to you or anyone for the exercise of such rights. Transfers of Virtual Money are strictly prohibited except where explicitly authorized within the Service. Except as expressly provided otherwise herein, you may not sell any Virtual Money for “real-world” money or otherwise exchange such items for value. Any attempt to do so is in violation of this Agreement and may result in a lifetime ban from the Site and possible legal action. All Virtual Money that has not been purchased directly by you (e.g., tips from other users, referral commissions, etc.) is forfeited if your account is terminated or suspended for any reason, in our sole and absolute discretion, or if we discontinue providing the Service.

Hope this explains the new Terms of Service for Chaturbate and keeps you all safe from breaking of the ToS.