Experation Date Laws and Abandoned Funds Laws in Arkansas?
What is the expiration date minimum for gift cards and certificates in the State of Arkansas? (1 year, 5 months...etc..)
What is the law concerning abandoned fund in a gift card or certificate?
OFFICIAL State of Arkansas website to support your answer is greatly appreciated.
Answers:
The expiration date for gift cards is not set by the state. They are set by each business individually. Most are one year but there are exceptions.
For instance, if I wanted to sell gift cards from my business, I could give my customers an expiration date of two years, or even no expiration date if I wanted to.
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