Montana § 30-14-108 - Termination Of Gift Certificate Prohibited -- Fee Limitation -- Redemption -- Posting Required
Full text of Montana Montana Code Annotated § 30-14-108 — Termination Of Gift Certificate Prohibited -- Fee Limitation -- Redemption -- Posting Required, with citation guidance and answers to common questions.
§ 30-14-108. Termination Of Gift Certificate Prohibited -- Fee Limitation -- Redemption -- Posting Required
Termination of gift certificate prohibited -- fee limitation -- redemption -- posting required. (1) A gift certificate is valid until redemption and does not terminate. A gift certificate is considered trust property of the possessor if the issuer or seller of the gift certificate declares bankruptcy after issuing or selling the gift certificate. (2) The value represented by the gift certificate belongs to the possessor and not to the issuer or seller. An issuer or seller may redeem a gift certificate presented by an individual whose name does not match the name on the gift certificate. (3) A gift certificate may not be reduced in value by any fee, including a dormancy fee applied if a certificate is not used. (4) If the original value of the gift certificate was more than $5 and the remaining value is less than $5 and the possessor requests cash for the remainder, the issuer or seller shall redeem the gift certificate for cash.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 30-14-108
What does Montana Code Annotated § 30-14-108 cover?
Section 30-14-108 ("Termination Of Gift Certificate Prohibited -- Fee Limitation -- Redemption -- Posting Required") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 30-14-108?
A common citation format is "Montana Code Annotated § 30-14-108" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 30-14-108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.