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AB 2473: Gift Certificates (2002)


AB 2473 (2002) protects consumers by requiring businesses that have declared bankruptcy to honor gift certificates issued prior to the date of the bankruptcy filing. In the absence of such a law, an individual company may or may not choose to honor the gift certificate.

For more information, you can read the AB 2473 "Fact Sheet" prepared by a member of Senator Simitian's staff.

Final Status and Text

AB 2473 is no longer active. Its final status was:
Signed into Law

You can read its final text on the Legislature's Bill Information site.

News & Press Releases about AB 2473

09/27/2002 - Bill Signing Ceremony for Simitian’s “There Oughta be a Law” Contest Winners

05/08/2002 - Simitian Gift Certificate Bill Approved by Committee Contest Proposal Designed to Protect Consumers

04/18/2002 - Press Advisory: Winners of Simitian’s “There Oughta be a Law” Contest to Testify

03/06/2002 - Simitian Announces Winners to “There Oughta be a Law” Contest