Minnesota
For Minnesota, expiration rule is unlawful for any person or entity to sell a gift certificate that is subject to an expiration date; dormancy/service fee rule is a service fee of any kind, including, but not limited to, a service fee for dormancy; cash redemption threshold is none; covered instruments is shall not apply to gift certificates: (1) distributed to a consumer for loyalty, promotional, award, incentive, rebate, or other similar purposes without any money or other tangible thing of value being given by the consumer in exchange for the gift certificate or gift card; (2) that are sold below face value or at a volume discount to employers or to nonprofit and charitable organizations for fundraising purposes; statute citation is Minn. Stat. § 325G.53, recorded from its source on 2026-08-18.
- State
- Minnesota verified
- Expiration rule
- unlawful for any person or entity to sell a gift certificate that is subject to an expiration date verified
- Dormancy/service fee rule
- a service fee of any kind, including, but not limited to, a service fee for dormancy verified
- Cash redemption threshold
- none
- Covered instruments
- shall not apply to gift certificates: (1) distributed to a consumer for loyalty, promotional, award, incentive, rebate, or other similar purposes without any money or other tangible thing of value being given by the consumer in exchange for the gift certificate or gift card; (2) that are sold below face value or at a volume discount to employers or to nonprofit and charitable organizations for fundraising purposes verified
- Statute citation
- Minn. Stat. § 325G.53 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
It is unlawful for any person or entity to sell a gift certificate that is subject to an expiration date or a service fee of any kind, including, but not limited to, a service fee for dormancy. § Subd. 3. Nonapplication. The provisions of this section shall not apply to gift certificates: (1) distributed to a consumer for loyalty, promotional, award, incentive, rebate, or other similar purposes without any money or other tangible thing of value being given by the consumer in exchange for the gift certificate or gift card; (2) that are sold below face value or at a volume discount to employers or to nonprofit and charitable organizations for fundraising purposes;
— revisor.mn.gov, retrieved 2026-08-18
Source
- revisor.mn.govhttps://www.revisor.mn.gov/statutes/cite/325G.53