1749.6. Â
(a)Â A gift certificate constitutes value held in trust by the issuer of the gift certificate on behalf of the beneficiary of the gift certificate. The value represented by the gift certificate belongs to the beneficiary, or to the legal representative of the beneficiary to the extent provided by law, and not to the issuer.
(b)Â An issuer of a gift certificate who is in bankruptcy shall continue to honor a gift certificate issued prior to the date of the bankruptcy filing on the
grounds that the value of the gift certificate constitutes trust property of the beneficiary.
(c)Â (1)Â This section does not alter the terms of a gift certificate. The terms of a gift certificate may not make its redemption or other use invalid in the event of a bankruptcy.
(2)Â This section does not require, unless otherwise required by law, the issuer of a gift certificate to:
(A)Â Redeem a gift certificate for cash.
(B)Â Replace a gift certificate that has been lost or stolen.
(C)Â Maintain a separate account for the funds used to purchase the gift certificate.
(d)Â (1)Â This section
does not create an interest in favor of the beneficiary of the gift certificate in any specific property of the issuer.
(2)Â This section does not create a fiduciary or quasi-fiduciary relationship between the beneficiary of the gift certificates and the issuer, unless otherwise provided by law.
(3)Â The issuer of a gift certificate has no obligation to pay interest on the value of the gift certificate held in trust under this section, unless otherwise provided by law.
Section 1749.51.
20 pages
oOo NN DN WH FF WN 28 LAW OFFICE OF JABAGCHOURIAN ARA JABAGCHOURIAN (SBN 205777) ara@arajlaw.com LAW OFFICE OF ARA JABAGCHOURIAN 1650 S. Amphlett Blvd., Suite 216 San Mateo, CA 94402 Telephone: (650) 437-6840 Facsimile: (650) 403-0909 Attorneys for Plaintiff and the Putative Class ELECTRONICALLY FILED Superior Court of California, County of San Francisco 04/12/2018 Clerk of the Court BY: SANDRA SCHIRO Deputy Clerk SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SA…
Sep 27, 2017
San Francisco County, CA
Apr 12, 2018
BUSINESS TORT
10 pages
1 || ARA JABAGCHOURIAN (SBN 205777) ELECTRONICALLY ara@arajlaw.com FILED 2 || LAW OFFICE OF ARA JABAGCHOURIAN Superior Court of California, 7 1650 S. Amphlett Blvd., Suite 216 County of San Francisco San Mateo, CA 94402 Telephone: (650) 437-6840 Celeer inca 4 || Facsimile: (650) 403-0909 BY:SANDRA SCHIRO Deputy Clerk 5 || Attorneys for Plaintiff and the Putative Class SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SAN FRANCISCO CHIKAKO IRIS HALL, an individual and | CAS…
Sep 27, 2017
San Francisco County, CA
Apr 12, 2018
BUSINESS TORT
11 pages
ARA JABAGCHOURIAN (SBN 205777) ara arajlaw.corn LAW OFFICE OF ARA JABAGCHOURIAN 1650 S. Amphlett Blvd., Suite 216 ELECTRONICALLY San Mateo, CA 94402 F I L E D Telephone: (650) 437-6840 …
Sep 27, 2017
San Francisco County, CA
Sep 09, 2021
BUSINESS TORT
10 pages
28 LAW OFFICE OF ARA JABAGCHOURIAN ARA JABAGCHOURIAN (SBN 205777) ara@arajlaw.com LAW OFFICE OF ARA JABAGCHOURIAN eee ONICAL Ie 1650 S. Amphlett Blvd., Suite 216 San Mateo, CA 94402 Telephone: (650) 437-6840 Facsimile: (650) 403-0909 Attorneys for Plaintiff and the Putative Class FILED Superior Court of California, County of San Francisco 02/20/2018 Clerk of the Court BY:JUDITH NUNEZ Deputy Clerk SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SAN FRANCISCO CHIKAKO…
Sep 27, 2017
San Francisco County, CA
Feb 20, 2018
BUSINESS TORT
10 pages
28 LAW OFFICE OF ARA JABAGCHOURIAN ARA JABAGCHOURIAN (SBN 205777) ara@arajlaw.com LAW OFFICE OF ARA JABAGCHOURIAN 1650 S. Amphlett Blvd., Suite 216 San Mateo, CA 94402 Telephone: (650) 437-6840 Facsimile: (650) 403-0909 Attorneys for Plaintiff and the Putative Class CHIKAKO IRIS HALL, an individual and on behalf of those similarly situated, Plaintiff, Vv. GIGGLE, INC., dba GIGGLE HEALTHY. ere BABY., a corporation, and DOES ELECTRONICALLY FILED Superior Court of California, County of…
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San Francisco County, CA
Apr 12, 2018
BUSINESS TORT
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