BILL NUMBER: SB 761	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Lowenthal

                        FEBRUARY 18, 2011

   An act to amend Section 17701 of the Business and Professions
Code, relating to representations to the public.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 761, as introduced, Lowenthal. Representations to the public:
coupons.
   Existing law prescribes who may lawfully issue coupons, as
defined, and requires certain information to be provided in or upon a
coupon. A violation of those provisions is a misdemeanor.
   This bill would make nonsubstantive changes to those provisions.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 17701 of the Business and Professions Code is
amended to read:
   17701.  It is unlawful for any person to issue coupons unless
there shall be specified in or upon  such   the
 coupons, specifically or by class, the person by whom or with
whom  such   the  coupon is exchangeable or
redeemable, and unless  such   the  person
specified is  either   any of the  
following  :
   (a) The person issuing  such   the 
coupon  . 
   (b)  Member  A member  or members of an
association issuing  such   the  coupon
 ,  which association shall be a bona fide organization in
existence for a period of at least six months prior to issuing
 such   the  coupon. The name and address
by street and number of the principal place of business of the
association shall also be specified in or upon  such
  the  coupon  . 
   (c) A person engaged in the business of issuing coupons for use or
distribution by itself or by other persons.