1. (a) In this title the following words have the meanings indicated.

2. (b)

   1. (1) “Trading stamp” means a stamp or other similar device issued in connection with the retail sale of goods or services, as a cash discount or for any other marketing purpose, that is redeemable for cash, goods, or services.

   2. (2) “Trading stamp” does not include a redeemable device that:

      1. (i) a manufacturer or packer of an article uses to advertise or sell the article; or
      2. (ii) a magazine, newspaper, or other publication issues and redeems.

3. (c) “Trading stamp company” means a person who, in any way:

   1. (1) distributes trading stamps for retail issuance by others; or
   2. (2) redeems trading stamps for retailers.

Added by Acts 1992, c. 4, § 2.

Formerly Art. 56, § 239.