Rhode Island HB 7153: AN ACT RELATING TO COMMERCIAL LAW - UNFAIR SALES PRACTICES - GIFT CERTIFICATES (Requires issuers of gift certificates to deposit and hold funds used to purchase the gift certificate in escrow for three (3) years, or until the gift certificate is redeemed, and would restrict certain redemption terms in the event of bankruptcy.)

Status: 01/28/2020 Committee recommended measure be held for further study (as of 2020-01-28)

State: Rhode Island · Session: 2020 · Bill: HB 7153

Subjects: Commercial Law, Financial Institutions

Sponsors: Azzinaro, Canario, Corvese, Ucci, Vella-Wilkinson

View Rhode Island HB 7153 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.