CHAPTER 3. Trading Stamp Company Act
Chapter 3 repealed and added by Stats. 1997, Ch. 310, Sec. 2.
§§ 17750–17773 · 24 sections
- § 17750 “Trading stamp” means any stamp or similar device issued in connection with the retail sale of merchandise or service, as a cash discount, or for any other…
- § 17751 “Trading stamp” also means any stamp or similar device issued as a gift or as a consideration in any transaction other than in connection with the retail sale…
- § 17752 “Trading stamp” does not include any redeemable device used by the manufacturer or packer of an article, in advertising or selling the article, or any…
- § 17753 “Trading stamp” does not include any coupon, ticket, certificate, card, or other similar device prepared by a merchant using that device and distributed by the…
- § 17754 The Legislature finds and declares that the devices described in Sections 17752, 17753, and 17760 are not employed in connection with improper activities of…
- § 17755 “Trading stamp company” means any person engaged in any manner in distributing trading stamps for retail issuance by others or in redeeming trading stamps for…
- § 17756 “Person” means any individual, partnership, corporation, limited liability company, association, or other organization.
- § 17757 “Organization” means any partnership, corporation, limited liability company, or association.
- § 17758 “Issue” includes use, distribute, give away, sell, furnish, and licensing that use, distribution, gift, sale or furnishing.
- § 17759 “Merchant” includes retailer, person dealing in services, or person in a similar capacity.
- § 17760 The provisions of this chapter do not apply to nonprofit merchant organizations that guarantee redemption of trading stamps that are exclusively issued and…
- § 17761 It is unlawful for any person to issue any trading stamp unless the stamp has imprinted on it both of the following: (a) The name of the trading stamp company…
- § 17762 Any trading stamp company shall redeem upon presentation any trading stamp that it has issued, either in merchandise, service, or cash, at the option of the…
- § 17763 It is unlawful for any person to willfully issue or redeem any trading stamp without the consent of the trading stamp company that issued the stamp.
- § 17764 Nothing in this chapter shall prohibit any person from redeeming, pursuant to contract, any trading stamps issued on or before December 31, 1997.
- § 17765 Any person who advertises the giving of trading stamps, or who gives trading stamps, with the sale of any merchandise or service, shall give those stamps, if…
- § 17766 Nothing in this chapter shall be construed as requiring the giving of trading stamps with any sale of merchandise or service when the giving of those stamps or…
- § 17767 If a trading stamp company fails to redeem any of its trading stamps, any rightful holder of those stamps may bring a civil action for damages within three…
- § 17768 Any merchant who has issued to his or her customers or other persons the trading stamps of any trading stamp company subject to this chapter, and who proposes…
- § 17769 No trading stamp company shall cease issuing trading stamps unless it gives written notice at least 90 days prior to that cessation to each merchant that has…
- § 17770 Any person violating any provision of this chapter shall be liable for a civil penalty not to exceed one thousand dollars ($1,000) for each violation, and any…
- § 17771 Any person who willfully violates any provision of this chapter shall upon conviction be fined not more than five thousand dollars ($5,000).
- § 17772 Trading stamps issued by a trading stamp company subject to this chapter are exempt from the Corporate Securities Law of 1968 (Division 1 (commencing with…
- § 17773 Nothing in this chapter, nor in this code, shall be construed to require that the cash or merchandise value of trading stamps be stated or set forth on any…