Tex. Bus. & Com. Code § 604.001 · Subchapter A. GENERAL PROVISIONS
DEFINITION OF STORED VALUE CARD.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter, "stored value card":
(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:
(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;
(B) that is prefunded; and
(C) the value of which is reduced on redemption; and
(2) includes a gift card or gift certificate.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.604.htm
- Text hash
- sha256 ed790ab2ff41862b7bb553e6ecf08d87060e61a59e6ed623d4b31c7bd7c9ca1f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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