Connecticut Stored Value Product Agreement and Disclosures refer to a set of legal agreements and disclosures governing the use of stored value products within the state of Connecticut. These agreements and disclosures outline the terms and conditions that both the issuer and the user of the stored value product must adhere to. Stored value products, also known as prepaid cards or gift cards, are preloaded with a specific monetary value that can be used for purchases or other transactions. The Connecticut Stored Value Product Agreement and Disclosures provide important information regarding the rights and responsibilities of both parties involved. These agreements typically cover various aspects such as: 1. Scope: The agreement defines the type of stored value product in question and outlines its purpose, whether it is a general-purpose prepaid card, a gift card, or any other specific type. 2. Terms and Conditions: The agreement sets out the terms and conditions under which the stored value product can be used. It includes details on how the card can be activated, loaded with funds, and used for transactions. 3. Fees and Expiration: The agreement discloses any applicable fees associated with the stored value product, such as monthly maintenance fees, balance inquiry fees, or reload fees. Additionally, it outlines the expiration date or any applicable fees related to card inactivity or dormancy. 4. Cardholder Rights: The agreement provides information about the cardholder's rights, including the ability to obtain a full account history, dispute unauthorized charges, and request a refund if applicable. 5. Lost/Stolen Cards: The agreement outlines the cardholder's responsibilities in case the stored value product is lost or stolen. It may include instructions on reporting the loss or theft promptly to the issuer, the available avenues for resolution, and any potential liability limitations. It is important to note that specific variations of the Connecticut Stored Value Product Agreement and Disclosures may exist, depending on the issuing entity and the type of stored value product being offered. These variations may address specific consumer protection regulations, disclosure requirements, or other state-specific considerations. Overall, the Connecticut Stored Value Product Agreement and Disclosures serve as a comprehensive guide for both the issuer and user of these prepaid products, ensuring transparency, consumer protection, and adherence to the legal framework governing stored value transactions within the state.