Montana
For Montana, expiration rule is A gift certificate is valid until redemption and does not terminate; dormancy/service fee rule is A gift certificate may not be reduced in value by any fee, including a dormancy fee applied if a certificate is not used; cash redemption threshold is less than $5; covered instruments is no exemptions stated in this section; statute citation is Mont. Code Ann. § 30-14-108, recorded from its source on 2026-08-18.
- State
- Montana verified
- Expiration rule
- A gift certificate is valid until redemption and does not terminate verified
- Dormancy/service fee rule
- A gift certificate may not be reduced in value by any fee, including a dormancy fee applied if a certificate is not used verified
- Cash redemption threshold
- less than $5 verified
- Covered instruments
- no exemptions stated in this section verified
- Statute citation
- Mont. Code Ann. § 30-14-108 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
(1) A gift certificate is valid until redemption and does not terminate. A gift certificate is considered trust property of the possessor if the issuer or seller of the gift certificate declares bankruptcy after issuing or selling the gift certificate. (2) The value represented by the gift certificate belongs to the possessor and not to the issuer or seller. An issuer or seller may redeem a gift certificate presented by an individual whose name does not match the name on the gift certificate. (3) A gift certificate may not be reduced in value by any fee, including a dormancy fee applied if a certificate is not used. (4) If the original value of the gift certificate was more than $5 and the remaining value is less than $5 and the possessor requests cash for the remainder, the issuer or seller shall redeem the gift certificate for cash.
— leg.mt.gov, retrieved 2026-08-18
Source
- leg.mt.govhttps://leg.mt.gov/bills/mca/title_0300/chapter_0140/part_0010/section_0080/0300-0140-0010-0080.html