SB 685 - Coleman, Maida
Prohibits expiration dates or service fees for dormancy on gift certificates issued by companies
Bill Details
Sponsor
LR Number
3214S.01I
Title
SB 685
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
Hearing Cancelled S Financial & Governmental Organizations and Elections Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 685 - The act prohibits expiration dates or service fees for dormancy on gifts certificates issued by companies. The act also allows the consumer to receive the remaining balance of a gift certificate in cash, provided they have already used fifty percent of the original value of the certificate. Violations of the act shall be considered unfair marketing practices subject to the penalties outlined in Section 407.020, RSMo.
MEGAN WORD