§ 717.1045, Fla. Stat. · Chapter 717. FLORIDA DISPOSITION OF ABANDONED PERSONAL PROPERTY ACT
Gift certificates and similar credit items.
Text — 2026 Florida Statutes
Notwithstanding s. 717.117, an unredeemed gift certificate or credit memo as defined in s. 501.95 is not required to be reported as abandoned property.
(1) The consideration paid for an unredeemed gift certificate or credit memo is the property of the issuer of the unredeemed gift certificate or credit memo.
(2) An unredeemed gift certificate or credit memo is subject only to any rights of a purchaser or owner thereof and is not subject to a claim made by any state acting on behalf of a purchaser or owner.
(3) It is the intent of the Legislature that this section apply to the custodial holding of unredeemed gift certificates and credit memos.
(4) However, a gift certificate or credit memo described in s. 501.95(2)(b) shall be reported as abandoned property. The consideration paid for such a gift certificate or credit memo is the property of the owner of the gift certificate or credit memo.
Notes and commentary — not statutory text
History
s. 2, ch. 2007-256; s. 40, ch. 2026-174.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0717/0717.html
- Text hash
- sha256 7b438af9ee61b25055e7b58489b1fef89c10439da17b1c8d11e8d4522db1d8ed
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
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