§14–4904.

    The Division shall:

        (1)    Create a model notice regarding open– and closed–loop gift cards for use by merchants that:

            (i)    Cautions a consumer about gift card scams;

            (ii)    Instructs a consumer on what to do if the consumer suspects the consumer may be a victim of a gift card scam; and

            (iii)    Indicates a gift card may not be used to pay debt;

        (2)    Issue guidelines regarding the detection and prevention of open– and closed–loop gift card fraud that include:

            (i)    Information that raises public awareness about gift card fraud;

            (ii)    Information about how common gift card fraud schemes work; and

            (iii)    Best practices for a merchant to prevent gift card fraud; and

        (3)    Make available online and periodically update the model notice and guidelines required under this section.