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Nevada Revised Statutes Title 10. Property Rights and Transactions § 120A.119. “Stored-value card” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

1. “Stored-value card” means a record evidencing a promise made for consideration by the seller or issuer of the record that goods, services or money will be provided to the owner of record to the value or amount shown in the record.

2. The term includes:

(a) A record that contains or consists of a microprocessor chip, magnetic strip or other means for the storage of information which is prefunded and whose value or amount is decreased on each use and increased by payment of additional consideration; and

(b) A payroll card.

3. The term does not include a loyalty card or game-related digital content.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 10. Property Rights and Transactions § 120A.119. “Stored-value card” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-10-property-rights-and-transactions/nv-rev-st-120a-119/

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