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PUBLIC LAWS OF MAINE
First Regular Session of the 121st

CHAPTER 339
H.P. 1084 - L.D. 1479

An Act To Protect Maine Consumers from Hidden Fees and Charges

Be it enacted by the People of the State of Maine as follows:

     Sec. 1. 33 MRSA §1952, sub-§§4-A and 5-A are enacted to read:

     4-A. Face value. "Face value" means the original purchase price or original issued value of a gift obligation if unused or, if partially used, the remaining balance prior to the deduction of any service charges, fees or dormancy charges.

     5-A. Gift obligation. "Gift obligation" means an obligation of a business association arising from a transaction between the business association and a consumer to provide goods or services at a future date. This includes, but is not limited to, a gift certificate, gift card, on-line gift account or other representation or evidence of the obligation.

     Sec. 2. 33 MRSA §1953, sub-§1, ¶G, as amended by PL 2003, c. 20, Pt. T, §21, is further amended to read:

Effective September 13, 2003, unless otherwise indicated.

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