ESCHEAT AND GIFT CARD LAWS: SOUTH CAROLINA

Tuesday, November 20, 2012

SOUTH CAROLINA

Definition of Gift Card/Gift Certificate:

S.C. Code Ann. §39-1-55(A)

“Gift certificate” means a certificate that is issued or sold by a person engaged in the business of offering goods or services for sale at retail and that entitles a recipient of the certificate to the delivery of goods or services from the person who issued or sold the certificate. This term includes a gift card used for the same purpose as a gift certificate.

Expiration Date Provision:

S.C. Code Ann. §39-1-55(B)

Gift certificates cannot expire before the first anniversary of the date the certificate was sold or issued, unless the expiration date is disclosed as specified.

Fee Provision:

S.C. Code Ann. §39-1-55(C)
Prohibits any fees unless properly disclosed as specified.

Escheat Provision:

S.C. Code Ann. §27-18-10 et seq.
Gift certificates are not specifically included.

SOURCE: National Conference of State Legislatures


PLEASE NOTE:  Please note the summaries should be used for general informational purposes and not as a legal reference. DropZone Marketing is unable to answer questions or provide guidance to business owners regarding gift cards and gift certificate laws and practices. If you have questions regarding issuing or redeeming a gift card or gift certificate or a retailer’s practices, please contact the Office of the Attorney General in your state.

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