HOUSE DOCKET, NO. 4176 FILED ON: 3/20/2009
HOUSE .
. . . . . . . . . . . . . No. 3865
The Commonwealth of Massachusetts
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PRESENTED BY:
John D. Keenan
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to gift cert
ificates.
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PETITION OF:
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Name:
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District/Address:
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John D. Keenan
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7th Essex
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Kathi-Anne Reinstein
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16th Suffolk
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The Commonwealth of Massachusetts
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In the Year Two Thousand and Nine
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An Act relative to gift certificates.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1
.
Chapter 255D of the General laws is hereby amended by adding the following section:-
Section 33.
Whoever sells gift certificates shall maintain a bank escrow account segregated from its other assets sufficient to reimburse holders of such certificates.