March 09, 2009
Source: The NBPCA

White Paper Abandoned Property

This White Paper recounts the history of state abandoned property laws and discusses how today’s laws may impact gift cards and other prepaid card products. It then explains why the current laws do not adequately address the prepaid card market and explores the various difficulties that card issuers face in complying with such laws. Finally, the White Paper describes how the legal uncertainty creates compliance risks as well as potential negative consequences for consumers and businesses.

To view the NBPCA Press Release:

Abandoned Property White Paper

« Back