Selling gift cards or certificates during this holiday season? What happens to outstanding gift cards if your business closes? What you don’t know about the restrictions on expiration dates and the disclosure requirements may surprise you. In our discussion with attorney Amy Toepper of Legal In A Box, we discover the important legal considerations, and potential liabilities, for business owners. Originally published Dec 7, 2020.

Resources

NCSL Gift Cards and Gift Certificates Statutes and Legislation

Highlights of the federal Credit CARD Act of 2009 

Gift Card Laws: An Interactive State-by-State Guide

AMT Law - Expert legal advice from Amy Toepper and her team

Legal In A Box -  Business documents and connections to attorneys in your state

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Edited for length and clarity.

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