Gift Certificate/Card Laws by State

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ABMP ran an article recently on Gift Card/Certificate laws by state. I thought this would be helpful information to share. Here's the summary:

These states allow any expiration you choose, as long as it's clearly disclosed:
Arizona, Georgia, Nebraska, Nevada, New York, Texas, Utah, Virginia

These states don't allow any expiration date whatsoever:
California, Connecticut, Florida, Maine, Minnesota, Montana, Oregon, Rhode Island, Washington

Gift certificates must be honored for one year:
Kentucky

Two years:
Arkansas, Hawaii, New Jersey, Ohio, Tennessee

Three years:
Vermont

Four years:
Maryland

Five years:
Illinois, Kansas, Louisiana, Michigan, New Mexico, Oklahoma

Six years:
North Dakota

Seven years:
Massachusetts

Miscellaneous Extra Rules:
• New Hampshire: no expiration for cards of $100 or less.
• South Carolina: may not expire for one year unless expiration date is capitalized in 10-point font on front of card

If your state isn't listed:
Then the law for your state doesn't contain specific language regarding expiration dates.

For more complete information, visit:
http://www.ncsl.org/programs/banking/giftcardsandcerts.htm

 

[Justified]

thanks for that!

 

[madcowbutcher]

thanks so much for this, blisss!

 

[new001]

Thats a great site..thanks!

 

[Millo]

interesting, I never even thought some states would have specific periods to abide by