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Code · Nevada · CHAPTER 120A - UNCLAIMED PROPERTY (UNIFORM ACT)

NRS 120A.520 Value remaining on gift certificate.

82 words·~1 min read·/nv/chapter-120a-unclaimed-property-uniform-act/120a-520·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

NRS 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.
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