(a) In this title the following words have the meanings indicated.
(b) (1) “Trading stamp” means a stamp or other similar device issued in connection with the retail sale of goods or services, as a cash discount or for any other marketing purpose, that is redeemable for cash, goods, or services.
(2) “Trading stamp” does not include a redeemable device that:
(i) a manufacturer or packer of an article uses to advertise or sell the article; or
(ii) a magazine, newspaper, or other publication issues and redeems.
(c) “Trading stamp company” means a person who, in any way:
(1) distributes trading stamps for retail issuance by others; or
(2) redeems trading stamps for retailers.
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