§ 798. Gift certificate or gift card value--Trust property
Oklahoma Statutes AnnotatedTitle 15. Contracts
15 Okl.St.Ann. § 798
§ 798. Gift certificate or gift card value--Trust property
A. A gift certificate or gift card constitutes value held in trust by the issuer of the gift certificate or gift card on behalf of the beneficiary of the gift certificate or gift card. The value represented by the gift certificate or gift card belongs to the beneficiary, or to the legal representative of the beneficiary to the extent provided by law, and not to the issuer.
Any waiver of the provisions of Title 15 of the Oklahoma Statutes is contrary to public policy, and is void and unenforceable.
Credits
Laws 2005, c. 233, § 4, eff. Nov. 1, 2005.
15 Okl. St. Ann. § 798, OK ST T. 15 § 798
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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