Report Title:
Gift Certificates; Full Face Value for 2 Yrs.
Description:
Clarify that gift certificates shall be honored for their full face value for the two-year period after the date of issuance of the certificate.
HOUSE OF REPRESENTATIVES |
H.B. NO. |
1996 |
TWENTY-SECOND LEGISLATURE, 2004 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to gift certificates.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 481B-13, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Any restaurant or person engaged in the business of offering services or goods for sale at retail may allow customers to purchase gift certificates; provided that the certificate issuer shall honor the certificate at the full face value of the certificate for a period of at least two years from the date of issuance."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
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