CAL.Regulation
California lets gift-certificate issuers sell sub-$15 printed stock through 2028 with point-of-sale notice
SB 1078 (Chapter 420), approved September 20, added Civil Code Section 1749.52, letting gift-certificate issuers sell through December 31, 2028, certificates printed with a cash-redemption threshold lower than the statutory amount, if the certificates were manufactured or printed before April 1, 2026. Issuers must post a notice in at least 24-point font at each point of sale stating that certificates with cash value under fifteen dollars are redeemable in cash.
Enrolled text (California Legislative Information) → · Governor of California
Key points
- Background: since April 1, 2026, gift certificates worth less than $15 are redeemable in cash.California Legislative Information
- The notice must appear at each point-of-sale device where certificates may be bought, loaded, or redeemed.California Legislative Information
- Issuers must keep records reasonably demonstrating the manufacture or print date.California Legislative Information
- Compliant issuers face no civil or criminal penalties solely for the printed lower threshold.California Legislative Information
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California Legislative Information
Governor of California