1. (1) Subject to section 38-13-210, the net value of a stored-value card other than a gift card is presumed abandoned on the latest of three years after:

   1. (a) December 31 of the year in which the card is issued or additional funds are deposited into it;
   2. (b) The most recent indication of interest in the card by the apparent owner; or
   3. (c) A verification or review of the balance by or on behalf of the apparent owner.
2. (2) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.

Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 418, § 1, effective July 1, 2020.