New York General Business Law Article 29-E - TRADING STAMPS
- 570 - Definitions As Used in This Article.
1. "Trading stamp" means any stamp or similar device issued in connection with the retail sale of merchandise or service, as a cash discount or...
- 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...
- 572 - Registration Required.
No trading stamp company shall advertise or distribute trading stamps issued in this state unless it shall have filed with the secretary of state a...
- 573 - Statement of Registration.
Each statement of registration hereinbefore required shall contain the following information: 1. The name and principal address of the company; 2. The state of its...
- 574 - Registration Fee.
The trading stamp company shall pay an annual registration fee of one hundred dollars to the secretary of state at the time of filing each...
- 575 - Bond Required.
1. At the time of filing each registration statement, the trading stamp company must also file with the secretary of state a bond payable to...
- 576 - Claims by Rightful Holders of Trading Stamps.
1. If a trading stamp company defaults in the redemption of its stamps when they are duly presented for redemption by residents of this state...
- 577 - Notice of Intention to Suspend or Cease Redemption of Stamps.
No trading stamp company shall cease or suspend the redemption of trading stamps in this state without filing with the secretary of state at least...
- 578 - Pre-Emption by State.
The regulation of trading stamp companies and trading stamps, including the advertising, issuance and redemption thereof, shall be governed solely by the provisions of this...
- 579 - Violation a Misdemeanor; Injunction.
1. Any person or trading stamp company violating any provision of this article shall be guilty of a misdemeanor punishable by a fine of not...
Last modified: February 3, 2019