WHEN STORED VALUE CARD PRESUMED ABANDONED

14-5-206. WHEN STORED VALUE CARD PRESUMED ABANDONED. (1) Subject to the provisions of section 14-5-209, Idaho Code, the net card value of a stored value card, other than a payroll card that has not been duly converted to a federal deposit insurance corporation-insured, owner accessible account balance at a financial institution, is presumed abandoned five (5) years after the latest of: (a) December 31 of the year in which the card is issued or additional funds are deposited into it; (b) The most recent indication of interest in the card by the apparent owner; or (c) A verification or review of the balance by or on behalf of the apparent owner. (2) The amount presumed abandoned in a stored value card is the net card value at the time it is presumed abandoned.