Stay tuned: Connecticut Bill would require cash refunds of gift card balances
By Deborah S Thoren-Peden, JiJi Park, Amy L Pierce and Elsa S Broeker
Connecticut may join a number of states that currently require merchants to provide the remaining cash balances on gift cards to consumers upon request. In early March, the Connecticut General Law Committee introduced House Bill 5473, an act concerning cash refunds for gift card balances…
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The 2nd District Court of Appeal has held that Proposition 13 changes in ownership prompted by transfers of legal entity interests should also be characterised as ‘realty sold’.