(b) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.
(c) However, if a holder has reported and remitted to the administrator the net card value on a stored-value card presumed abandoned under this Section and the stored-value card does not have an expiration date, then the holder must honor the card on presentation indefinitely and may then request reimbursement from the administrator under Section 605.
(Source: P.A. 100-22, eff. 1-1-18; 100-566, eff. 1-1-18.)
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