Please be aware that the federal government has also recently enacted regulations on the topic of gift certificates and gift cards, effective August 22, 2010.
Federal law may pre-empt California law where the terms are inconsistent and federal law is more protective of consumers.
Here’s a recap of the 4 things you should know about prepaid cards and gift cards in Ontario. Different rules apply to different gift card products The class action suit against Bell sheds light on the confusion surrounding different gift card products, and attempts to lump prepaid calling cards, purchased by consumers who don’t have subscription cell phone plans, into the category of gift cards.
These prepaid phone cards are not gift cards, nor are they prepaid Mastercard or Visa cards (many times referred to as prepaid credit cards).
(a) An insurer who issues or renews prepaid legal service contracts under Article 5.13-1, Insurance Code, shall notify the commissioner of insurance in writing not later than the 60th day before transferring regulation of the insurer's legal service contracts from the Texas Department of Insurance to the Texas Department of Licensing and Regulation.
Here’s how the different card products break down in Ontario: Sources: Consumer Protection Ontario, “Buying or Using Gift Cards.” Date Modified: 2014-04-29.For an overview and comparison of federal and California gift card law, please see Tables A and B, attached.If you so request, a merchant must refund in cash any amount less than remaining on a prepaid card, except for a mobile telephone card or a prepaid credit card.Non-promotional prepaid products are the most widely used by consumers.(a) A funeral director shall deposit in escrow or transfer in trust to a banking institution in this Commonwealth, the entire amount of monies received by the funeral director under a prepaid contract for funeral services or merchandise, including additional service fees or arrangement fees. This material has been drawn directly from the official Pennsylvania Code full text database.