13-32a-103.1. Transaction or gift cards. (1) A retail business engaging in a transaction involving a transaction card or gift card issued by that retail business and that bears the branding of that retail business is not subject to this chapter. (2) A pawn or secondhand business may not purchase or pawn a gift card or transaction card. (3) This chapter does not prohibit a pawn or secondhand business from issuing or accepting as payment a gift card that: (a) is issued solely by the pawn or secondhand business; and (b) bears the brand or name of the pawn or secondhand business.
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