{"id":82,"date":"2008-10-25T20:36:23","date_gmt":"2008-10-25T20:36:23","guid":{"rendered":"http:\/\/www.giftcardadvocate.org\/news\/?p=82"},"modified":"2010-04-03T20:27:25","modified_gmt":"2010-04-03T20:27:25","slug":"more-new-gift-card-laws","status":"publish","type":"post","link":"http:\/\/www.giftcardadvocate.org\/news\/?p=82","title":{"rendered":"More New Gift Card Laws"},"content":{"rendered":"<p>Maine&#8217;s new gift card laws (<a href=\"Michihttp:\/\/morningsentinel.mainetoday.com\/news\/local\/5537585.html\">article<\/a>), allows anyone to cash out gift cards with a balance of less than $5.<\/p>\n<p>Michigan&#8217;s new law (<a href=\"http:\/\/www.wxyz.com\/news\/state\/story.aspx?content_id=c27c68d9-7757-4335-a88f-02328f214b1a\">article<\/a>) states that gift cards must be valid for a minimum of 5 years, issuers may not charge inactivity fees or other service fees, must not alter the gift cards terms &amp; conditions after it is issued, and must not fail to disclose the terms &amp; conditions.<\/p>\n<p>It is unclear whether either of these new laws appy to open-loop (Visa, Mastercard type) gift cards. Most state laws for gift cards do not apply to these type of cards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maine&#8217;s new gift card laws (article), allows anyone to cash out gift cards with a balance of less than $5. Michigan&#8217;s new law (article) states that gift cards must be valid for a minimum of 5 years, issuers may not charge inactivity fees or other service fees, must not alter the gift cards terms &amp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-82","post","type-post","status-publish","format-standard","hentry","category-legal"],"_links":{"self":[{"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/posts\/82","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82"}],"version-history":[{"count":2,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/posts\/82\/revisions"}],"predecessor-version":[{"id":135,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=\/wp\/v2\/posts\/82\/revisions\/135"}],"wp:attachment":[{"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.giftcardadvocate.org\/news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}