UPPO to Host Stored Value Card Seminar
The application of the unclaimed property laws to stored value cards, such as gift cards, is one of the most complex and rapidly changing areas of the law. It seems that there is a new development every week that adds or changes the legal obligations of stored value card issuers (for evidence, see here, here, here, and here).
Against this rapidly changing landscape, the Unclaimed Property Professionals’ Organization is hosting a webinar called “Cards, Cards, Cards” on November 9th. During this webinar, the panelists will explain the basic types and uses of stored value cards, how (and which) state unclaimed property laws apply to gift card programs, and address the recent federal developments in this area. Registration information is available at http://www.uppo.org/.