Current with changes from the 2024 Legislative Session
Section 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.