Illinois Statutes Chapter 765. Property § 1026/15-206. When stored-value card presumed abandoned

(a) Subject to Section 15-210, the net card value of a stored-value card is presumed abandoned on the latest of 5 years after:

(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.