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Is a business allowed to place an expiration date upon a gift certificate?

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Is a business allowed to place an expiration date upon a gift certificate?

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No. As of July 8, 2005, no gift certificate or any agreement with respect to such gift certificate sold may contain language suggesting that an expiration date may apply to the gift certificate. Any unused portion of a redeemed gift certificate shall be afforded to the consumer by reissuing the gift certificate for the unused amount or providing cash where the balance due the consumer is less than one dollar.

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