Nebraska Statutes 8-2723. Stored value, defined
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Stored value means monetary value that is evidenced by an electronic record. Stored value does not include any item that is redeemable by the issuer or its affiliates in goods or services of the issuer or its affiliates.
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Terms Used In Nebraska Statutes 8-2723
- Monetary value: means a medium of exchange, whether or not redeemable in money. See Nebraska Statutes 8-2715
- Stored value: means monetary value that is evidenced by an electronic record. See Nebraska Statutes 8-2723