Section 13-101 - Definitions. - Maryland Statutes

§ 13-101. Definitions.
 

(a)  In general.- In this title the following words have the meanings indicated. 

(b)  Trading stamp.-  

(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.- "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. 
 

[An. Code 1957, art. 56, § 239; 1992, ch. 4, § 2.]