RCW 63.29.140
Gift certificates and credit memos. (Effective until January 1, 2023.)
(1) A gift certificate or a credit memo issued in the ordinary course of an issuer's business which remains unclaimed by the owner for more than three years after becoming payable or distributable is presumed abandoned.
(2) In the case of a gift certificate, the amount presumed abandoned is the price paid by the purchaser for the gift certificate. In the case of a credit memo, the amount presumed abandoned is the amount credited to the recipient of the memo.
(3) A gift certificate that is lawfully issued under chapter 19.240 RCW and that is presumed abandoned under this section may, but need not be , included in the report as provided under RCW 63.29.170(4).
[ 2015 3rd sp.s. c 6 § 2102; 2004 c 168 § 15; 2003 1st sp.s. c 13 § 7; 1983 c 179 § 14.]
NOTES:
Effective dates—2015 3rd sp.s. c 6: See note following RCW 82.04.4266.
Application—2015 3rd sp.s. c 6 §§ 2101, 2102, 2106, 2108, and 2110: See note following RCW 63.29.190.
Effective date—2004 c 168 §§ 15 and 16: "Sections 15 and 16 of this act take effect January 1, 2005." [ 2004 c 168 § 20.]
Effective dates—2003 1st sp.s. c 13: See note following RCW 63.29.020.
Structure Revised Code of Washington
Chapter 63.29 - Uniform Unclaimed Property Act.
63.29.010 - Definitions and use of terms.
63.29.020 - Property presumed abandoned—General rule—Exceptions.
63.29.030 - General rules for taking custody of intangible unclaimed property.
63.29.040 - Travelers checks and money orders.
63.29.060 - Bank deposits and funds in financial organizations.
63.29.070 - Funds owing under life insurance policies.
63.29.080 - Deposits held by utilities.
63.29.090 - Refunds held by business associations.
63.29.100 - Stock and other intangible interests in business associations.
63.29.110 - Property of business associations held in course of dissolution.
63.29.120 - Property held by agents and fiduciaries.
63.29.130 - Property held by courts and public agencies—When abandoned—Overpayments.
63.29.133 - Property held by landlord.
63.29.135 - Abandoned intangible property held by local government.
63.29.140 - Gift certificates and credit memos.
63.29.160 - Contents of safe deposit box or other safekeeping repository.
63.29.165 - Property in self-storage facility.
63.29.170 - Report of abandoned property.
63.29.180 - Notice and publication of information about unclaimed property.
63.29.190 - Payment or delivery of abandoned property.
63.29.192 - Penalty and interest paid in excess—Refunds—Returns.
63.29.193 - Petition for review—Denied application for refund or return.
63.29.194 - Appeal of payment or delivered property.
63.29.195 - Agreement—Established between a holder and the department.
63.29.210 - Crediting of dividends, interest, or increments to owner's account.
63.29.220 - Public sale of abandoned property.
63.29.240 - Filing of claim with department.
63.29.250 - Claim of another state to recover property—Procedure.
63.29.260 - Action to establish claim.
63.29.270 - Election to take payment or delivery.
63.29.290 - Periods of limitation.
63.29.300 - Requests for reports and examination of records.
63.29.310 - Retention of records.
63.29.330 - Interstate agreements and cooperation—Joint and reciprocal actions with other states.
63.29.340 - Interest and penalties.
63.29.360 - Foreign transactions.
63.29.380 - Information and records confidential.
63.29.900 - Effect of new provisions—Clarification of application.
63.29.902 - Uniformity of application and construction.