(1) This part 2 does not apply to an agent of a business licensed pursuant to part 1 of this article 110 to the extent that the agent is selling or adding additional money to stored value issued by the business.
(2) For purposes of this section, "stored value" means a card, code, or other device that is issued to a consumer in a specified dollar amount, which may or may not be increased in value, and is redeemable at a single merchant, an affiliated group of merchants, or multiple unaffiliated groups of merchants or usable at automated teller machines.
Source: L. 2017: Entire article added with relocations, (SB 17-226), ch. 159, p. 587, § 2, effective August 9.
Editor's note: This section is similar to former § 12-52-202 as it existed prior to 2017.