This is applicable to attorneys in any state, if they have the right knowledge. My client offers gift cards as part of its services. Client has an accumulation of funds connected to gift cards that were purchased, but were not delivered to the end-recipients for whatever reason. So the gift cards are unclaimed and the funds are sitting in an account. My client needs to understand the state/federal laws governing what can and should be done with such gift-card related funds.
Feb 23, 2024