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Current as of January 01, 2024 | Updated by Findlaw Staff
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)].
Cite this article: FindLaw.com - New Mexico Statutes Chapter 57. Trade Practices and Regulations § 57-8-3. Redemption value in cents to be shown - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-57-trade-practices-and-regulations/nm-st-sect-57-8-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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