When stored-value card presumed abandoned (a) Subject to section 1469 of this title, the net card value of a stored-value card, other than a payroll card, is presumed abandoned on the latest of three years after: (1) December 31 of the year in which the card is issued or additional funds are deposited into it; (2) the most recent indication of interest in the card by the apparent owner; or(3) a verification or review of the balance by or on behalf of the apparent owner.(b) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
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