Colorado
For Colorado, expiration rule is no expiration rule in this section: C.R.S. 6-1-722 bans fees and grants cash redemption but says nothing about expiration dates, so the federal five-year floor is the only limit; dormancy/service fee rule is It is unlawful for any person or entity to sell to a purchaser a gift card that contains a service fee, a dormancy fee, an inactivity fee, a maintenance fee, or any other type of fee; cash redemption threshold is five dollars or less; statute citation is Colo. Rev. Stat. 6-1-722 (Colorado Consumer Protection Act), 2024 edition, recorded from its source on 2026-09-03; source re-checked 2026-10-12.
- State
- Colorado
- Expiration rule
- no expiration rule in this section: C.R.S. 6-1-722 bans fees and grants cash redemption but says nothing about expiration dates, so the federal five-year floor is the only limit
- Dormancy/service fee rule
- It is unlawful for any person or entity to sell to a purchaser a gift card that contains a service fee, a dormancy fee, an inactivity fee, a maintenance fee, or any other type of fee. verified
- Cash redemption threshold
- five dollars or less verified
- Covered instruments
- (b) This section shall not apply to gift cards that are usable with multiple sellers of goods or services. This exception shall not apply to a gift card usable only with affiliated sellers of goods or services. verified
- Statute citation
- Colo. Rev. Stat. 6-1-722 (Colorado Consumer Protection Act), 2024 edition our reading
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
(2) On and after August 11, 2010, the issuer shall redeem the remaining value of a gift card for cash if the amount remaining is five dollars or less on request of the holder.
— leg.colorado.gov, retrieved 2026-09-03
Where each value comes from
This source states these in separate places, so each value is shown with the passage that states it.
Dormancy/service fee rule
(3) It is unlawful for any person or entity to sell to a purchaser a gift card that contains a service fee, a dormancy fee, an inactivity fee, a maintenance fee, or any other type of fee.
Covered instruments
(1) (a) As used in this section, "gift card" means a prefunded tangible or electronic record of a specific monetary value evidencing an issuer's agreement to provide goods, services, credit, money, or anything of value. A "gift card" includes, but is not limited to, a tangible card; electronic card; stored-value card; or certificate or similar instrument, card, or tangible record, all of which contain a microprocessor chip, magnetic chip, or other means for the storage of information and for which the value is decremented upon each use. A "gift card" does not include a prefunded tangible or electronic record issued by, or on behalf of, any government agency; a gift certificate that is issued only on paper; a prepaid telecommunications or technology card; a card or certificate issued to a consumer pursuant to an awards, loyalty, or promotional program for which no money or other item of monetary value was exchanged; or a card that is donated or sold below face value at a volume discount to an employer or charitable organization for fundraising purposes. (b) This section shall not apply to gift cards that are usable with multiple sellers of goods or services. This exception shall not apply to a gift card usable only with affiliated sellers of goods or services.
— all from leg.colorado.gov, retrieved 2026-09-03
Sources
- leg.colorado.govhttps://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-06.pdf
- colorado.public.lawhttps://colorado.public.law/statutes/crs_6-1-722