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87 chapters · 1,498 sections in this title.
08 V.S.A. ch. 081, § 2701 Definitions
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§ 2701. Definitions As used in this chapter: (1) “Account” means a demand deposit or share draft (checking) account, savings account, or other comparable consumer asset account (other than an occasional or incidental credit balance in a credit plan) regularly maintained by the co…
08 V.S.A. ch. 081, § 2702 Expiration date
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§ 2702. Expiration date The paid value of a gift certificate sold or offered to be sold shall be valid for not less than five years after its date of issuance or after the date funds were last loaded onto the gift certificate, whichever is later. The date of issuance and the expi…
08 V.S.A. ch. 081, § 2702a Loyalty, award, or promotional gift certificate
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§ 2702a. Loyalty, award, or promotional gift certificate A loyalty, award, or promotional gift certificate shall clearly and legibly set forth the following disclosures, as applicable: (1) a statement indicating that the gift certificate is issued for loyalty, award, or promotion…
08 V.S.A. ch. 081, § 2703 Prohibited fees
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§ 2703. Prohibited fees (a) Dormancy fees, latency fees, issuance fees, redemption fees, or any other administrative fees or service charges in connection with a gift certificate are prohibited. (b) Notwithstanding subsection (a) of this section, a money transmitter licensed unde…