Nevada Revised Statutes
Chapter 120A - Unclaimed Property (Uniform Act)
NRS 120A.520 - Value remaining on gift certificate.


1. Sixty percent of the unredeemed or uncharged value remaining on a gift certificate which is issued or sold in this State and which has an expiration date is presumed abandoned and subject to the provisions of this chapter on the expiration date.
2. If a gift certificate is issued or sold in this State and the seller or issuer does not obtain and maintain in his or her records the name and address of the owner of the gift certificate, the address of the owner of the gift certificate shall be deemed to be the address of the Office of the State Treasurer in Carson City.
3. This section does not create a cause of action against a person who issues or sells a gift certificate.
4. As used in this section, "gift certificate" has the meaning ascribed to it in NRS 598.0921.
(Added to NRS by 2007, 309)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 120A - Unclaimed Property (Uniform Act)

NRS 120A.010 - Short title.

NRS 120A.020 - Definitions.

NRS 120A.025 - "Administrator" defined.

NRS 120A.027 - "Apparent owner" defined.

NRS 120A.040 - "Business association" defined.

NRS 120A.051 - "Domicile" defined.

NRS 120A.070 - "Financial organization" defined.

NRS 120A.075 - "Game-related digital content" defined.

NRS 120A.080 - "Holder" defined.

NRS 120A.090 - "Insurance company" defined.

NRS 120A.096 - "Mineral" defined.

NRS 120A.097 - "Mineral proceeds" defined.

NRS 120A.098 - "Money order" defined.

NRS 120A.100 - "Owner" defined.

NRS 120A.105 - "Payroll card" defined.

NRS 120A.110 - "Person" defined.

NRS 120A.113 - "Property" defined.

NRS 120A.115 - "Record" defined.

NRS 120A.118 - "State" defined.

NRS 120A.119 - "Stored-value card" defined.

NRS 120A.120 - "Utility" defined.

NRS 120A.122 - "Virtual currency" defined.

NRS 120A.125 - Inapplicability of chapter to tangible property held in safe-deposit box or other safekeeping depository not maintained by bank or other financial institution or safe-deposit company.

NRS 120A.135 - Inapplicability of chapter to unredeemed gaming chips or tokens and intersection improvement project proceeds.

NRS 120A.140 - Administration of chapter; regulations.

NRS 120A.145 - Information to remain confidential.

NRS 120A.500 - Presumption of abandonment.

NRS 120A.505 - Certain items due or owing between business associations with ongoing business relationship not presumed abandoned.

NRS 120A.510 - Contents of safe-deposit box or other safekeeping depository.

NRS 120A.520 - Value remaining on gift certificate.

NRS 120A.525 - United States savings bonds.

NRS 120A.530 - Rules for taking custody.

NRS 120A.540 - Dormancy charge.

NRS 120A.550 - Burden of proof as to property evidenced by record of check or draft.

NRS 120A.560 - Report of abandoned property.

NRS 120A.570 - Payment or delivery of abandoned property.

NRS 120A.580 - Notice and publication of lists of abandoned property; notice to holders of unclaimed property.

NRS 120A.590 - Custody by State; recovery by holder; defense of holder.

NRS 120A.600 - Crediting of dividends and increments to account of owner.

NRS 120A.610 - Public sale, destruction, disposition or transfer of abandoned property; State Education Fund.

NRS 120A.620 - Abandoned Property Trust Account. [Effective through June 30, 2022.] Abandoned Property Trust Account. [Effective July 1, 2022.]

NRS 120A.630 - Claim of another state to recover property.

NRS 120A.640 - Filing claim with Administrator; handling of claims by Administrator; confidentiality.

NRS 120A.645 - Donation to State for educational purposes.

NRS 120A.650 - Action to establish claim.

NRS 120A.660 - Election to take payment or delivery.

NRS 120A.670 - Destruction or disposition of property having no substantial commercial value; immunity from liability.

NRS 120A.680 - Periods of limitation.

NRS 120A.690 - Requests for reports and examination of records.

NRS 120A.700 - Retention of records.

NRS 120A.710 - Enforcement.

NRS 120A.715 - Intrastate agreements and cooperation.

NRS 120A.720 - Interstate agreements and cooperation; joint and reciprocal actions with other states.

NRS 120A.725 - Payment or delivery of property without claim.

NRS 120A.730 - Interest and penalties.

NRS 120A.733 - Fraudulent claims; penalty.

NRS 120A.737 - False statements; penalty.

NRS 120A.740 - Agreement to locate property.

NRS 120A.750 - Uniformity of application and construction.