Legislation
SECTION 571
Declared face value; cash redemption
General Business (GBS) CHAPTER 20, ARTICLE 29-E
§ 571. Declared face value; cash redemption. No trading stamp company
shall advertise, distribute or redeem trading stamps hereafter issued in
this state unless:
1. Each stamp has legibly printed upon its face a cash value
determined by the company in cents or any fraction thereof, and
2. The rightful holders may, at their option, redeem the stamps in
cash when duly presented to the company for redemption in a number
having an aggregate cash value of not less than one dollar.
shall advertise, distribute or redeem trading stamps hereafter issued in
this state unless:
1. Each stamp has legibly printed upon its face a cash value
determined by the company in cents or any fraction thereof, and
2. The rightful holders may, at their option, redeem the stamps in
cash when duly presented to the company for redemption in a number
having an aggregate cash value of not less than one dollar.