19.240.010 - Definitions. - Washington Statutes

Definitions.

The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.

     (1) "Artistic and cultural organization" has the same meaning as in RCW 82.04.4328.

     (2) "Charitable organization" means an organization exempt from tax under section 501(c)(3) of the internal revenue code of 1986 (26 U.S.C. Sec. 501(c)(3)).

     (3) "Fund-raising activity" has the same meaning as in RCW 82.04.3651.

     (4) "Gift card" means a record as described in subsection (5) of this section in the form of a card, or a stored value card or other physical medium, containing stored value primarily intended to be exchanged for consumer goods and services.

     (5) "Gift certificate" means an instrument evidencing a promise by the seller or issuer of the record that consumer goods or services will be provided to the bearer of the record to the value or credit shown in the record and includes gift cards.

     (6) "Bearer" means a person with a right to receive consumer goods and services under the terms of a gift certificate, without regard to any fee, expiration date, or dormancy or inactivity charge.

     (7) "Issue" means to sell or otherwise provide a gift certificate to any person, and includes reloading or adding value to an existing gift certificate.

     (8) "Stored value" has the same meaning as in *RCW 19.230.010.

[2004 c 168 § 2.]

Notes: *Reviser's note: RCW 19.230.010 was amended by 2010 c 73 § 1, changing the definition of "stored value" to "closed loop stored value device."