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(c) “Gift card” does not include the following:
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1. A stored-value card.
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2. A loyalty card.
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3. A payroll card.
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4. Game-related digital content.
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20Section
23. 177.01 (8) (intro.) of the statutes is renumbered 177.01 (8) and
21amended to read:
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177.01
(8) “Holder" means a person
, wherever organized or domiciled, who is
23any of the following: obligated to hold property subject to this chapter for the account
24of, or to deliver or pay to, the owner.
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25Section
24. 177.01 (8) (a) to (c) of the statutes are repealed.
SB756,25
1Section
25. 177.01 (9) of the statutes is amended to read:
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177.01
(9) “Insurance company" means an association, corporation,
or 3fraternal or mutual benefit organization, whether or not for profit, which is engaged
4in
the business of providing
life endowments, annuities, or insurance
coverage,
5including
, but not limited to, accident, burial, casualty, credit life, contract
6performance, dental,
disability, fidelity, fire, health, hospitalization, illness, life
7including endowments and annuities, malpractice, marine, mortgage, surety
and, 8wage protection
, and worker compensation insurance.
SB756,26
9Section
26. 177.01 (10) and (11) of the statutes are repealed.
SB756,27
10Section
27. 177.01 (11d) of the statutes is created to read:
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177.01
(11d) “Loyalty card” means a record given without direct monetary
12consideration under an award, reward, benefit, loyalty, incentive, rebate, or
13promotional program and that may be used or redeemed only to obtain goods or
14services or a discount on goods or services. “Loyalty card” does not include a record
15that may be redeemed for money or otherwise monetized by the issuer.
SB756,28
16Section
28. 177.01 (11f) of the statutes is created to read:
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177.01
(11f) “Mineral" means gas, oil, coal, oil shale, other gaseous liquid or
18solid hydrocarbon, cement material, sand and gravel, road material, building stone,
19chemical raw material, gemstone, fissionable and nonfissionable ores, colloidal and
20other clay, steam and other geothermal resources, and any other substance defined
21as a mineral by law of this state other than this chapter.
SB756,29
22Section
29. 177.01 (11g) of the statutes is created to read:
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177.01
(11g) “Mineral proceeds” means an amount payable for extraction,
24production, or sale of minerals, or, on the abandonment of the amount, an amount
1that becomes payable after abandonment. “Mineral proceeds" includes an amount
2payable:
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(a) For the acquisition and retention of a mineral lease, including a bonus,
4royalty, compensatory royalty, shut-in royalty, minimum royalty, or delay rental.
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(b) For the extraction, production, or sale of minerals, including a net revenue
6interest, royalty, overriding royalty, extraction payment, and production payment.
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(c) Under an agreement or option, including a joint-operating agreement, unit
8agreement, pooling agreement, and farm-out agreement.
SB756,30
9Section
30. 177.01 (11j) of the statutes is created to read:
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177.01
(11j) “Money order” means a payment order for a specified amount of
11money. “Money order" includes an express money order and a personal money order
12on which the remitter is the purchaser.
SB756,31
13Section
31. 177.01 (11m) of the statutes is created to read:
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177.01
(11m) “Municipal bond” means a bond or evidence of indebtedness
15issued by a municipality or other political subdivision of a state.
SB756,32
16Section
32. 177.01 (12) of the statutes is renumbered 177.01 (12) (intro.) and
17amended to read:
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177.01
(12) (intro.) “Owner" means a
person having a legal, beneficial, or
19equitable interest in property subject to this chapter or the person's legal
20representative acting on the person's behalf. “Owner” includes the following:
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21(a) A depositor
in the case of
, for a deposit
, a .
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22(b) A beneficiary
in the case of
, for a trust other than a deposit in trust
, a
.