“Unpaid,” when used with respect to a payment instrument or stored value, means that such payment instrument or stored value has been issued and sold and has not yet been paid or redeemed by the issuer.

Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Division 1.2, Financial Code.

History

1. Amendment of section and Note filed 8-11-2015; operative 10-1-2015 (Register 2015, No. 33).