Unredeemed gift certificates, closed-loop cards, open-loop cards, and rewards cards not subject to state claim.

  1. Law
  2. South Dakota Codified Laws
  3. Property
  4. Uniform Unclaimed Property Act
  5. Unredeemed gift certificates, closed-loop cards, open-loop cards, and rewards cards not subject to state claim.

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43-41B-42. Unredeemed gift certificates, closed-loop cards, open-loop cards, and rewards cards not subject to state claim.

Any unredeemed gift certificate or closed-loop card that meets the requirements of §43-41B-43 or any open-loop prepaid card or rewards card is subject only to any rights of a purchaser or owner of the gift certificate or card and is not subject to any claim made by any state acting on behalf of a purchaser or owner.

Source: SL 2010, ch 215, §3; SL 2011, ch 198, §2.


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