A person may sell a gift card that has an expiration date if:
(1) The gift card bears, in at least 10-point type, the words “EXPIRES ON” or “EXPIRATION DATE” followed by the date on which the card expires;
(2) The person sells the gift card at a cost below the face value of the card; and
(3) The gift card does not expire until at least 30 days after the date of sale. [2007 c.772 §3]
(Simulated Invoices)
Section: Previous 646A.262 646A.264 646A.266 646A.268 646A.270 646A.274 646A.276 646A.278 646A.280 646A.282 646A.284 646A.286 646A.288 646A.290 646A.300 NextLast modified: August 7, 2008