Free Consumer Credit Counseling Massachusetts
Looking for a gift card in the small print … Tarlow Breed Hart & Rodgers presents the essence of the law of gift "card"
"Gift card laws vary from state to state," said Michael Radin, Françoise TBHR and distribution group. "So what is true in Massachusetts can not be in Alabama. The vendors really should know the law in your state before embarking on a gift card program. "
Some examples of how Gift cards and laws vary from gift certificates may include:
? In Massachusetts, merchant gift certificates and credit slips shall be redeemed within seven years from the date of issuance. The date of issuance and expiration date should also be clearly indicated on the face of the certificate. For electronic gift card must be clearly indicated on the receipt and / or made available through the website or phone number. If the expiration date is not specified, the certificate will be redeemable for ever. Once a gift certificate is redeemed at least 90 percent of its value, you can choose to receive the remaining value in cash.
? In New Hampshire, gift certificates with a face value of $ 100 or less can not contain expiration dates. Those with a face value plus $ 100 late return to the state as abandoned property. Any period of dormancy, dormancy fees, administrative or other expenses or Service to reduce the total amount of redeemable gift certificates are not allowed. (Does not apply to season passes.)
? A Rhode Island service by monthly or annual or maintenance of gift certificates, time limitations to claim an expiration date and gift certificate of any language suggesting an expiration date may apply the gift certificate are not allowed. Any unused portions of gift certificates purchased must be Consumer reissue a gift certificate for the amount not used to give that amount to the consumer in cash, if less than $ 1.00 due. (Not applicable for gift certificates that are distributed to a consumer under an awards, loyalty programs or promotions, where there is no money and the value given in exchange for the consumer, but the restrictions must be submitted written at the time of issue. Applies not prepaid wireless cards.)
"In addition to the laws vary from State to State law on cards Gift, companies must be aware of the policies of their own company gift card and gift certificate programs. Some franchisors have been sued by franchisees, because they have to disclose that participation in the free program is required gift cards, "which Radin said." Although seem like much, is always a good idea for a merchant, to consult his lawyer before embarking on a gift card program. Gift certificates and gift cards must be a win-win for all parties, if done correctly and quickly enough to consult with your attorney is a simple preventive measure sufficient to prevent this. "
About Tarlow, race, Hart & Rodgers, PC
Founded in 1991, Tarlow, race, Hart & Rodgers, PC is committed to providing high quality legal services integral to its customers. With a breadth and depth of experience and perspective usually reserved for more law firms, Tarlow, race, Hart and Rodgers. PC offers advice sophisticated legal employers, corporations, individuals, families and institutions.
Tarlow areas, race, Hart & Rodgers' expertise include law corporate, employment issues, mergers and acquisitions, litigation and dispute resolution, planning, property, taxes, real estate, bankruptcy, and municipal law.
To help customers make informed decisions and achieve their goals, Tarlow, race, Hart & Rodgers PC develops creative solutions tailored to their customers, emphasizing careful listening and evaluation consideration. Using the expertise and collegiality of the firm ¹ s more than fifty members, Support staff members and has always led to the establishment of lasting relationships of trust.
The offices of Tarlow, race, Hart & Rodgers, PC are located on the Avenue Huntington 101, Prudential Center, Boston, MA 02199. For more information or to schedule a consultation, please call 1-617-218-2000 www.tbhr info@tbhr-law.com, e-mail, or visit-law.com.
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