Nev. Rev. Stat. § 120A.520

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 120A.520 - Value remaining on gift certificate

1. Sixty percent of the unredeemed or uncharged value remaining on a gift certificate which is issued or sold in this State is presumed abandoned and subject to the provisions of this chapter on the:

(a) Expiration date; or

(b) Date on which the gift certificate is no longer honored by the issuer or seller.

2. This section does not create a cause of action against a person who issues or sells a gift certificate.

NRS 120A.520

Added to NRS by 2007, 309; A 2023, 1056

Amended by 2023, Ch. 179,§8, eff. 7/1/2023.

Added to NRS by 2007, 309