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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:

 

Name:

District/Address:

John D. Keenan

7th Essex

Kathi-Anne Reinstein

16th Suffolk


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.

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