A customer recently attempted to make a purchase with a gift card more than five years old. Dont the cards expire after a certain period of time?
No. Although cards are assumed abandoned after two years, they do not expire in Maine. Dormant cards should be reported to the state, and a retailer who honors an old card can, in turn, seek reimbursement from the State Treasurers Office. Maines Unclaimed Property Act is detailed in Title 33, Chapter 41, and questions may be directed to the Abandoned Property Division of the State Treasurers Office at 207-624-7470.
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