AB325,8,20 (c) For a federally chartered entity or an investment company registered under the Investment Company Act of 1940, as amended, 15 USC sections 80a-1 to 80a-64, the state of its home office.

AB325,8,21 (d) For any other holder, the state of its principal place of business.

AB325,19 Section 19. 177.01 (6d) of the statutes is created to read:

AB325,8,25 177.01 (6d) “Dormancy period” means the period of time, as specified for each property type in this chapter, that must pass before the property is presumed abandoned.

AB325,20 Section 20. 177.01 (6f) of the statutes is created to read:

AB325,9,3 177.01 (6f) “Electronic” means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities.

AB325,21 Section 21. 177.01 (6g) of the statutes is created to read:

AB325,9,6 177.01 (6g) “E-mail” means a communication by electronic means which is automatically retained and stored and may be readily accessed or retrieved.

AB325,22 Section 22. 177.01 (7) of the statutes is amended to read:

AB325,9,12 177.01 (7) “Financial organization" means a savings and loan association, savings bank, cooperative bank, building and loan association or, credit union, industrial bank, bank, banking organization, trust company, land bank, safe deposit company, private banker, or any other organization defined by other law as a bank, banking organization, or financial institution.

AB325,23 Section 23. 177.01 (7b) of the statutes is created to read:

AB325,9,23 177.01 (7b) “Game-related digital content” means digital content that exists only in an electronic game or electronic-game platform. “Game-related digital content” includes game play currency, such as a virtual wallet, even if denominated in U.S. currency and points sometimes referred to as gems, tokens, gold, and similar names, and digital codes, if for use or redemption only within the game or platform or another electronic game or electronic game platform. “Game-related digital content” does not include an item that the issuer permits to be redeemed for use outside of a game or platform and for money or goods and services that have more than minimal value or that the issuer otherwise monetizes for use outside of a game or platform.

AB325,24 Section 24. 177.01 (7d) of the statutes is created to read:

AB325,10,4 177.01 (7d) (a) “Gift card” means a record evidencing a promise for consideration by the seller or issuer of the record that merchandise, goods, or services will be provided to the owner of the record equal to the value or amount shown in the record, if all of the following apply:

AB325,10,5 1. The value or amount does not expire.

AB325,10,7 2. The value or amount may be decreased only by redemption for merchandise, goods, or services.

AB325,10,9 3. The value or amount may not be redeemed for or converted into money or otherwise monetized by the issuer.

AB325,10,10 (b) “Gift card” includes the following:

AB325,10,14 1. A record that contains or consists of a microprocessor chip, magnetic strip, or other means for the storage of information, that is prefunded and the value or amount of which is decreased on each use and increased by payment of additional consideration.

AB325,10,16 2. A prepaid commercial mobile radio service, as defined in 47 CFR 20.3, as amended.

AB325,10,17 (c) “Gift card” does not include the following:

AB325,10,18 1. A stored-value card.

AB325,10,19 2. A loyalty card.

AB325,10,20 3. A payroll card.

AB325,10,21 4. Game-related digital content.

AB325,25 Section 25. 177.01 (8) (intro.) of the statutes is renumbered 177.01 (8) and amended to read:

AB325,11,3 177.01 (8) “Holder" means a person , wherever organized or domiciled, who is any of the following: obligated to hold property subject to this chapter for the account of, or to deliver or pay to, the owner.

AB325,26 Section 26. 177.01 (8) (a) to (c) of the statutes are repealed.

AB325,27 Section 27. 177.01 (9) of the statutes is amended to read: