N.Y. GBS Law § 571
This is the official text of N.Y. GBS Law § 571, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
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Declared face value; cash redemption
Official statutory text
§ 571. Declared face value; cash redemption. No trading stamp company\nshall advertise, distribute or redeem trading stamps hereafter issued in\nthis state unless:\n 1. Each stamp has legibly printed upon its face a cash value\ndetermined by the company in cents or any fraction thereof, and\n 2. The rightful holders may, at their option, redeem the stamps in\ncash when duly presented to the company for redemption in a number\nhaving an aggregate cash value of not less than one dollar.\n
Status: in_force · Read it on the official government site
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