Gift certificates; fees; expiration. Prohibits the imposition of a dormancy fee, an inactivity charge or fee, or a service fee with respect to a gift certificate, unless certain requirements of the bill are met. The bill also prohibits the sale or issuance of a gift certificate that is subject to an expiration date that is earlier than five years after the gift certificate was issued or funds were last loaded to the gift certificate.

Statutes affected:
Introduced: 59.1-530, 59.1-531
Commerce and Labor Substitute : 59.1-530, 59.1-531
Enrolled: 59.1-530, 59.1-531
Commerce and Labor Substitute: 59.1-530, 59.1-531