New Jersey should start focusing on protecting consumers from gift cards with expiration dates and post-sale fees.
By defining gift cards as unclaimed property subject to escheat, the State is giving businesses a good reason to issue a gift card with expiration dates to prevent the cards from being turned over to the state.
Currently New Jersey offers little protection and has been given an F by ScripSmart. I'd like to see law makers start looking after consumers and business owners, not their spending allowance.
An overview of current NJ Gift Card Laws: http://scripsmart.com/states/17-new-jersey-gift-card-law
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