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

Summary

The bill creates new standards for gift certificates, gift cards and similar gift obligations. It prohibits expiration dates earlier than five years and limits fees unless they are clearly disclosed after a year of inactivity. Violators can be sued for double damages or face state fines.

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

Topics

Share