Consumer Banking and Payments Law: 15 U.S.C. 1693l-1. General-use prepaid cards, gift certificates, and store gift cards
(a) Definitions
In this section, the following definitions shall apply:
(1) Dormancy fee; inactivity charge or fee
The terms “dormancy fee” and “inactivity charge or fee” mean a fee, charge, or penalty for non-use or inactivity of a gift certificate, store gift card, or general-use prepaid card.