Laws of New York (Last Updated: November 21, 2014)

Section 571. Declared face value; cash redemption

Latest version.

No trading stamp company
  shall advertise, distribute or redeem trading stamps hereafter issued in
  this state unless:
    1. Each  stamp  has  legibly  printed  upon  its  face  a  cash  value
  determined by the company in cents or any fraction thereof, and
    2.  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 one dollar.

                    
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