Unredeemed gift certificates, closed-loop cards, open-loop cards, and rewards cards not subject to state claim

SDCL § 43-41B-42 — under UNIFORM UNCLAIMED PROPERTY ACT.

SDCL § 43-41B-42

Any unredeemed gift certificate or closed-loop card that meets the requirements of § 43-41B-43 or any open-loop prepaid card or rewards card is subject only to any rights of a purchaser or owner of the gift certificate or card and is not subject to any claim made by any state acting on behalf of a purchaser or owner. Source: SL 2010, ch 215 , § 3; SL 2011, ch 198 , § 2.