Cash Redemption Requests: CA Businesses - National Law Review

Dec 18, 2017 · The National Law Review - National Law Forum LLC 2070 Green Bay Rd., Suite 178, Highland Park, IL 60035 Telephone (708) 357-3317 or toll-free (877) 357-3317. If you …

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A Lesson From Norms: California Retailers Must Honor Cash …

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In Martinez v. Norms Restaurants, LLC, No. RIC1512432 (Cal. Sup. Ct. Oct. 16, 2015), the plaintiff alleged that he visited a California Norms Restaurant location and used a gift card to purchase items at the restaurant. With a remaining balance of less than $10 on the gift card, the plaintiff alleged that he “did not want any other items offered by...

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The $10 Limit: Court Clarifies California's Law On Redemption …

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The $10 Limit: Court Clarifies California’s Law on Redemption of Retail Gift Cards by Greg L. Johnson, Deborah S. Thoren-Peden, Amy L. Pierce and Amanda G. Alley The federal District …

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California Bill Would Require Retailers, Restaurants To Cash Out …

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Apr 23, 2024 · Senate Bill 1272 would effectively convert gift cards into generic cash cards, causing businesses to provide cash for any request of $25 or less. Because restaurants would …

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Gift-Card Issuers: Mind State Cash-Back Requirements

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Oct 18, 2015 · FN1] Under California’s law, a gift-card issuer must allow the holder of a card worth less than $10 to redeem it for cash upon request.[FN2] In the suit, plaintiff alleges that the …

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Home Depot Pays $750,000 To Settle CA Suit That It Failed To Cash …

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Aug 7, 2024 · On July 12, 2024, the District Attorneys of several California counties announced that Home Depot would pay $750,000 in civil penalties, fees, and restitution to settle a joint …

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Update: California Assembly Amends Bill Increasing Mandatory …

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Jul 26, 2024 · You may recall that under SB1272 the mandatory cash redemption amount for certain types of gift certificates would increase from $9.99 to $25.00 and would be “adjusted …

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The $10 Limit: Court Clarifies California’s Law On Redemption Of …

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Jan 25, 2010 · In 2009, two class actions, Marilao v.McDonald’s Corp. and Rudd v.Borders, Inc., were filed in the United States District Court, Southern District of California, challenging the …

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Call Kurtis Undercover: California's Gift Card Refund Law

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May 22, 2014 · Wong said he knew California law said a gift certificate "less than ten ($10) Dollars is redeemable in cash for its cash value." "I'm sure a lot of other people would be like, 'Well, I'll …

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FAQs about Cash Redemption Requests: CA Businesses - National Law Review Coupon?

Will California be the first state to ban cashless transactions?

We acknowledge the point. California wouldn’t be the first state to ban cashless transactions. Massachusetts and New Jersey already prohibit cash-free retail transactions. San Francisco banned them last year. But this doesn’t mean the question of legislators’ limits has been sufficiently settled. ...

Can a merchant redeem a gift card for cash?

In the first post-2007 amendment decisions interpreting Section 1749.5 (b) (1), the Southern District confirmed that merchants retain the right to elect to redeem gift cards for cash or exchange them for new cards where card balances equal or exceed $10. 2 In Marilao v. ...

What if a customer requests a cash refund for a gift card?

The takeaway, from the Southern District's perspective, is that if a customer requests a cash refund for a gift card with a balance that equals or exceeds $10, the merchant at its sole discretion may either issue a cash 3 refund or replace the gift card. ...

Can a gift certificate be redeemed in cash?

Section 1749.5 (b) (1) states that “ [a]ny gift certificate 1 sold after January 1, 1997, is redeemable in cash for its cash value, or subject to replacement with a new gift certificate at no cost to the purchaser or holder.” ...

Are unclaimed property refunds available in California?

Retailers issuing merchandise credits that cannot be redeemed for cash should consider whether they may have unclaimed property refunds available in California or other states. On March 4, 2016, the California Superior Court for the County of San Diego issued its order on summary judgment in Bed Bath & Beyond v. Chiang, No. 37-2014-12491 (Super. ...

Will a bill enact a cashless era?

A bill introduced in the Senate in early February might test the comfort level some have on the boundaries of government. Senate Bill 926, authored by Sen. Jerry Hill, a Democrat from San Mateo, would require retailers to accept cash in an era when many are going cashless. Fines would be $25 to $500 for each violation. ...