There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2006 New York Code - Declared Face Value; Cash Redemption.



 
    §  571. Declared face value; cash redemption. No trading stamp company
  shall advertise, distribute or redeem trading stamps hereafter issued in
  this state unless:
    1. Each  stamp  has  legibly  printed  upon  its  face  a  cash  value
  determined by the company in cents or any fraction thereof, and
    2.  The  rightful  holders  may, at their option, redeem the stamps in
  cash when duly presented to the  company  for  redemption  in  a  number
  having an aggregate cash value of not less than one dollar.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.