Section 1520 does not apply to gift certificates subject to Title 1.4A (commencing with Section 1749.45) of Part 4 of Division 3 of the Civil Code. However, Section 1520 applies to any gift certificate that has an expiration date and that is given in exchange for money or any other thing of value.
Cal. Civ. Proc. Code § 1520.5
Escheat of Unclaimed Personal Property
Known as the Unclaimed Property Law
The act spans §§ 1500–1582 (61 sections).
Applied in 1 court decision — leading case 755 F. Supp. 2d 556 - American Express Travel Related Services Co. v. Sidamon-Eristoff (2011)
Most recently applied in 755 F. Supp. 2d 556 - American Express Travel Related Services Co. v. Sidamon-Eristoff (January 2011)
Amended by Stats. 2003, Ch. 116, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.