I recently read that Groupon was sued because Illinois law forbids companies from selling gift certificates that expire within five years. Does New York have a similar law? If they do, what is it?
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Federal law now prohibits gift cards from expiring within five years (This happened in August of 2010). But you can read about all kinds of NY specific issues on the NY Comptroller's website: Are you planning to buy or use a gift card? |
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