N.Y. General Business Law § 571: Declared face value; cash redemption

§ 571. Declared face value; cash redemption. 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.