Fargo Forum
January 15,2007
"Prior to 2005, consumers were frustrated to discover that the gift cards they gave or received as presents were later worthless because the cards had either expired or had been assessed service fees that dissolved the card’s value. As a result, I sponsored legislation in the 2005 legislative session to establish North Dakota’s new gift card law prohibiting gift card expiration dates sooner than six years after the date of purchase. This law also prohibits the gift card seller from deducting any maintenance or service fees on the cards. This new law took effect April 6, 2005."
To read Senator Holmberg's entire letter please click here.
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