Relating to: terms and conditions of gift certificates, gift cards, and other gift obligations and providing a penalty.

Summary

The bill defines "gift obligations" like gift cards and certificates, requires they not expire before five years, and restricts any dormancy or service fees. It also sets civil penalties, allows the state to seek injunctions, and requires the Department of Justice to support enforcement. The measure targets businesses that sell or manage these gift products.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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