Connecticut Statutes
§ 42-460 — Gift certificate subject to expiration date prohibited. Honoring gift certificate reported as abandoned property.
Connecticut·Title 42 Business, Selling, Trading and Collection Practices·Ch. 743cc Gift Certificates and Prepaid Cards
(a)No person may sell or issue a gift certificate, as defined in section 3-56a, that is subject to an expiration date. No gift certificate or any agreement with respect to such gift certificate may contain language suggesting that an expiration date may apply to the gift certificate.
(b)Nothing in this section shall be construed to prevent a holder from honoring a gift certificate, the unredeemed value of which has been reported to the Treasurer pursuant to part III of chapter 32, and thereafter seeking reimbursement from the Treasurer.
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Connecticut § 42-460 (Gift certificate subject to expiration date prohibited. Honoring gift certificate reported as abandoned property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
SPGGC, LLC v. Blumenthal
505 F.3d 183 (Second Circuit, 2007)
SPGGC, Inc. v. Blumenthal
408 F. Supp. 2d 87 (D. Connecticut, 2006)
Legislative History
(June 30 Sp. Sess. P.A. 03-1, S. 84; P.A. 05-189, S. 2.) History: June 30 Sp. Sess. P.A. 03-1 effective August 16, 2003; P.A. 05-189 amended Subsec. (a) to refer to the definition of gift certificate in Sec. 3-56a, deleted former Subsec. (b) re obtaining the address of the owner of gift certificate and redesignated existing Subsec. (c) as Subsec. (b).
Nearby Sections
15
§ 42-103aaa
Books and records.§ 42-103b
Definitions.§ 42-103cc
Short title: Time Share Act.§ 42-103ccc
Time share resale disclosure requirements.§ 42-103dd
Definitions.§ 42-103e
Contents of listing.