North Carolina § 66-67 - 5. Requirements for maintenance fees for gift cards.
Full text of North Carolina North Carolina General Statutes § 66-67 — 5. Requirements for maintenance fees for gift cards., with citation guidance and answers to common questions.
§ 66-67. 5. Requirements for maintenance fees for gift cards.
Disclosure. - The seller or issuer of a gift card must conspicuously disclose any maintenance fee charges at the time of purchase. The disclosure must be visible on the gift card itself. No person, firm, or corporation engaged in commerce shall charge any maintenance fee on a gift card for one calendar year following the date of the purchase of the gift card. Penalty. - A seller or issuer of a gift card who violates this section commits an unfair trade practice under G.S. 75-1.1 and is subject to a civil penalty in accordance with G.S. 75-15.2. Definitions. - As used in this section, the following terms mean: Gift card. - A record evidencing a promise, made for monetary consideration, by a seller or issuer that goods or services will be provided to the owner of the record to the value shown in the record. A gift card includes a record that contains a microprocessor chip, magnetic strip, or other storage medium that is prefunded and for which the value is adjusted upon each use, a gift certificate, a stored-value card or certificate, a store card, or a prepaid long-distance telephone service that is activated by a prepaid card that required dialing an access number or an access code in addition to dialing the phone number to which the user of the prepaid card seeks to connect. Maintenance fee. - Any fee that the owner of the gift card is subject to when the gift card is redeemed, including a service or inactivity fee. Limitation. - The provisions of this section shall not apply to gift cards that are issued by a financial institution or its operating subsidiary and that are usable at multiple unaffiliated sellers of goods or services. History (2007-363, s. 1.) Editor's Note. - Session Laws 2007-363, s. 2, made this section effective December 1, 2007, and applicable to gift cards as defined in G.S. 66-67.5, as enacted by Session Laws 2007-363, s. 1, that are sold on or after that date.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 66-67
What does North Carolina General Statutes § 66-67 cover?
Section 66-67 ("5. Requirements for maintenance fees for gift cards.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 66-67?
A common citation format is "North Carolina General Statutes § 66-67" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 66-67 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.