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§ 13-101. Definitions

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 13. Trading Stamp Companies (Refs & Annos)
MD Code, Business Regulation, § 13-101
§ 13-101. Definitions
(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.

Credits

Added by Acts 1992, c. 4, § 2.
Formerly Art. 56, § 239.
MD Code, Business Regulation, § 13-101, MD BUS REG § 13-101
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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