Idaho § 14-5-206 WHEN STORED VALUE CARD PRESUMED ABANDONED

Idaho Statutes

§ 14-5-206 — WHEN STORED VALUE CARD PRESUMED ABANDONED

Idaho § 14-5-206

Title 14ESTATES OF DECEDENTS

Part 2PRESUMPTION OF ABANDONMENT

Ch. 5REVISED UNCLAIMED PROPERTY ACT

This text of Idaho § 14-5-206 (WHEN STORED VALUE CARD PRESUMED ABANDONED) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 14-5-206 (2026).

Text

(1)Subject to the provisions of section 14-5-209, Idaho Code, the net card value of a stored value card, other than a payroll card that has not been duly converted to a federal deposit insurance corporation-insured, owner accessible account balance at a financial institution, is presumed abandoned five (5) years after the latest of:

(a)December 31 of the year in which the card is issued or additional funds are deposited into it;

(b)The most recent indication of interest in the card by the apparent owner; or

(c)A verification or review of the balance by or on behalf of the apparent owner.

(2)The amount presumed abandoned in a stored value card is the net card value at the time it is presumed abandoned.

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(1) Subject to the provisions of section 14-5-209, Idaho Code, the net card value of a stored value card, other than a payroll card that has not been duly converted to a federal deposit insurance corporation-insured, owner accessible account balance at a financial institution, is presumed abandoned five (5) years after the latest of:
(a) December 31 of the year in which the card is issued or additional funds are deposited into it;
(b) The most recent indication of interest in the card by the apparent owner; or
(c) A verification or review of the balance by or on behalf of the apparent owner.
(2) The amount presumed abandoned in a stored value card is the net card value at the time it is presumed abandoned.