Ian’s Legal Fact of the Week 10/28/13: The Gift that Keeps on Giving

Under Massachusetts law, gift certificates must remain valid for a minimum of seven years. They are required to have an expiry and issuance date specified on them (or, in the case of electronic gift cards, this must be on the receipt or available through the issuer), or otherwise they are considered to not expire. Issuers are not allowed to charge fees that reduce the value of gift certificates, including periodic or service fees, or fees for non-use.

 

 


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