Definitions

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

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

            (i)    a manufacturer or packer of an article uses to advertise or sell the article; or

            (ii)    a magazine, newspaper, or other publication issues and redeems.

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

        (1)    distributes trading stamps for retail issuance by others; or

        (2)    redeems trading stamps for retailers.


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