N.Y. Tax Law § 271-a: Sale of stamps

§ 271-a. Sale of stamps. No person, firm, company, association or

corporation other than a corporation organized under the banking law of

this state or under the national bank act of the United States, or a

duly authorized agent of the tax commission, shall sell or expose for

sale, traffic in, trade, barter or exchange any stamp issued pursuant to

this article, without first obtaining from the tax commission its

written consent to sell, traffic in, trade, barter or exchange such

stamps, except that in connection with a sale of or agreement to sell

stock a broker or agent of the principal making such sale or agreement

to sell may supply and affix the stamp or stamps required by this

article. No persons shall sell or expose for sale any stamp so purchased

or acquired for a sum less than the face value thereof without the

written consent of the tax commission. Any person lawfully in possession

of unused stamps of the issue then in effect may request the tax

commission for its consent to redeem the same. He shall present to the

tax commission, if so required, a sworn statement setting forth the name

and address of the owner and the party desiring to redeem said stamps,

how, when and from whom the same were acquired and such other pertinent

and relevant information as the tax commission may require. Thereupon

the tax commission may authorize the redemption of such stamps through

its fiscal agent appointed for the sale of stock transfer stamps. Upon

the failure or refusal of the tax commission to give such authority the

same may be enforced by mandamus. Any person violating any of the

provisions of this section shall be guilty of a misdemeanor, and upon

conviction thereof shall be punishable by a fine of not less than five

hundred nor more than one thousand dollars, or by imprisonment for not

more than six months, or by both such fine and imprisonment, in the

discretion of the court.