{"data":{"id":"us-tx/tex.-business-commerce-code-604.001","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 604.001","heading":"DEFINITION OF STORED VALUE CARD.","body":"In this chapter, \"stored value card\":\n(1) means a record, as defined by Section 322.002, including a record that contains a microprocessor chip, magnetic strip, or other means of storing information:\n(A) that evidences a promise made for monetary consideration by the seller or issuer of the record that goods or services will be provided to the owner of the record in the value shown in the record;\n(B) that is prefunded; and\n(C) the value of which is reduced on redemption; and\n(2) includes a gift card or gift certificate.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS","CHAPTER 604. SALE OR ISSUANCE OF STORED VALUE CARD","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.604.htm#604.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"596adaf4d7762580ad76f0b1af54c8662db79719ac7cdf89022e6f1fa44100d1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-603.101","next":"us-tx/tex.-business-commerce-code-604.002"},"notice":"GroundRules: Original legal text. Not legal advice."}