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NEW MEXICO STATUTES AND CODES

Section 57-8-3 - Redemption value in cents to be shown.

57-8-3. [Redemption value in cents to be shown.]

No trading stamp company shall distribute trading stamps in this state or shall redeem trading stamps hereafter issued therein unless:   

A.     each stamp has legibly printed upon its face in cents or any fraction thereof a cash value determined by the company; and   

B.     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 twenty-five cents [($.25)].   

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