<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="13-106" title_number="13" title_name="Trading Stamp Companies" subtitle_number="1">
  <level label="a">
    <text>A trading stamp company may not do business as a trading stamp company in the State unless:</text>
    <level label="1">
      <text>a rightful holder may redeem trading stamps for cash if the trading stamps have a total cash value of at least 25 cents; and</text>
    </level>
    <level label="2">
      <text>the cash redemption value of the trading stamps is at least equal to the highest cash redemption value that the trading stamp company offers in any other jurisdiction.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>Each trading stamp collection book shall contain a notice that states:</text>
      <text>“If the total cash value of your trading stamps is at least 25 cents, they may be redeemed for cash instead of goods.</text>
      <text>The cash value of a filled book of trading stamps is at least $(cash value to be stated)”.</text>
    </level>
    <level label="2">
      <text>The notice shall be printed in 12 point or larger type on the inside front cover of the book.</text>
    </level>
    <level label="3">
      <text>The trading stamp company shall display the same notice conspicuously at each place where the trading stamp company redeems trading stamps.</text>
    </level>
  </level>
</section>
