2006 New York Code - Definitions As Used In This Article.



 
    §  570.  Definitions as used in this article. 1. "Trading stamp" means
  any stamp or similar device issued in connection with the retail sale of
  merchandise or service, as a cash discount or for  any  other  marketing
  purpose, which entitles the rightful holder, on its due presentation for
  redemption,  to  receive  merchandise,  service or cash. "Trading stamp"
  shall not mean any redeemable device used by the manufacturer or  packer
  of  an  article  in  advertising or selling it, or any redeemable device
  issued and redeemed by  a  non-profit  membership  corporation  for  the
  benefit  of  its  members  only,  or  any  redeemable  device issued and
  redeemed by a newspaper, magazine or other publication.
    2. "Trading stamp company" means any person  engaged  in  distributing
  trading  stamps  for  retail issuance by others, or in redeeming trading
  stamps for retailers, in any manner.
    3.  "Person"   means   any   individual,   partnership,   corporation,
  association or other organization.
    4. "Secretary" means the secretary of state.

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