Michigan
For Michigan, expiration rule is A person engaged in the retail sale of goods or services shall not sell a gift certificate to a consumer that expires within a period of less than 5 years; cash redemption threshold is none: the act requires a retailer to accept a gift certificate worth less than the purchase price and apply it to the price, but grants no right to cash out a remaining balance; statute citation is Mich. Comp. Laws 445.903e, 445.903f and 445.903g (Michigan Consumer Protection Act, Act 331 of 1976), recorded from its source on 2026-10-12.
- State
- Michigan
- Expiration rule
- A person engaged in the retail sale of goods or services shall not sell a gift certificate to a consumer that expires within a period of less than 5 years. verified
- Dormancy/service fee rule
- A person engaged in the retail sale of goods or services shall not charge an inactivity fee or other service fee to a consumer for the possession or use of a gift certificate. As used in this section, "service fee" does not include any fee charged to and paid by a consumer in connection with the sale of a gift certificate, unless the fee is deducted or debited from the face value of the gift certificate. verified
- Cash redemption threshold
- none: the act requires a retailer to accept a gift certificate worth less than the purchase price and apply it to the price, but grants no right to cash out a remaining balance
- Covered instruments
- Subject to subsection (3), "gift certificate" means a written promise or a gift card or other electronic payment device that meets all of the following: (i) Is usable at a single retailer, is usable at an affiliated group of retailers that share the same name, mark, or logo, or is usable at multiple, unaffiliated retailers or service providers. (ii) Is issued in a specified amount. (iii) May or may not be increased in value or reloaded. (iv) Is purchased or loaded on a prepaid basis for the future purchase or delivery of goods or services. (v) Is honored upon presentation. verified
- Statute citation
- Mich. Comp. Laws 445.903e, 445.903f and 445.903g (Michigan Consumer Protection Act, Act 331 of 1976) 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
Sec. 3g. A person engaged in the retail sale of goods or services shall not sell a gift certificate to a consumer that expires within a period of less than 5 years.
— legislature.mi.gov, retrieved 2026-10-12
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
Sec. 3f. A person engaged in the retail sale of goods or services shall not charge an inactivity fee or other service fee to a consumer for the possession or use of a gift certificate. As used in this section, "service fee" does not include any fee charged to and paid by a consumer in connection with the sale of a gift certificate, unless the fee is deducted or debited from the face value of the gift certificate.
Covered instruments
(2) As used in this section and sections 3f and 3g: (a) "Person engaged in the retail sale of goods" includes a person conducting a closeout, liquidation, or going-out-of-business sale on behalf of the person engaged in the retail sale of goods or that person's creditors. (b) Subject to subsection (3), "gift certificate" means a written promise or a gift card or other electronic payment device that meets all of the following: (i) Is usable at a single retailer, is usable at an affiliated group of retailers that share the same name, mark, or logo, or is usable at multiple, unaffiliated retailers or service providers. (ii) Is issued in a specified amount. (iii) May or may not be increased in value or reloaded. (iv) Is purchased or loaded on a prepaid basis for the future purchase or delivery of goods or services. (v) Is honored upon presentation.
— all from legislature.mi.gov, retrieved 2026-10-12
Sources
- legislature.mi.govhttps://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-903g
- legislature.mi.govhttps://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-903f
- legislature.mi.govhttps://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-903e