Section 17-407 – Notice by Publication
(a) A museum may provide the notice required under this subtitle by publication if the museum does not: (1) Know the identity of the lender or a designated agent of the lender; (2) Know the address of the lender or a designated agent of the lender; or (3) Receive proof of receipt of a notice that was sent by […]
Section 17-317 – Disposition of Funds Received Under Title
(a) (1) All funds received under this title, including the proceeds of the sale of abandoned property under § 17–316 of this subtitle, shall be credited by the Administrator to a special fund. The Administrator shall retain in the special fund at the end of each fiscal year, from the proceeds received, an amount not to exceed […]
Section 17-318 – Filing Claim to Property or Proceeds of Sale
Any person who claims a legal interest in any property delivered to the State under this title must file a claim to the property or to the proceeds from its sale on the form prescribed by the Administrator.
Section 17-306 – When Property Presumed Abandoned — Intangible Personal Property Held in Fiduciary Capacity
All intangible personal property and any income or increment on it, held in a fiduciary capacity for the benefit of another person, is presumed abandoned unless, within 3 years after it becomes payable or distributable, the owner has increased or decreased the principal, accepted payment of principal or income, corresponded in writing concerning the property, […]
Section 17-307 – When Property Presumed Abandoned — Intangible Personal Property Held by Court or Public Authority
All intangible personal property held for the owner by any court, public corporation, public authority, or public officer of this State or any political subdivision of it that has remained unclaimed by the owner for more than 3 years is presumed abandoned.
Section 17-307.1 – When Property Presumed Abandoned — Unclaimed Proceeds From Sale of Personal Property at Self-Service Storage Facility
The balance of the proceeds from the sale of personal property stored at a self–service storage facility that is unclaimed after the expiration of the 1 year period specified in § 18–504(e) of this article is presumed abandoned.
Section 17-308 – Unclaimed Wages, Outstanding Payroll Checks, or Intangible Personal Property Held or Owing in Ordinary Course of Holder’s Business; Failure to Make Demand
(a) All unclaimed wages or outstanding payroll checks held or owing in the ordinary course of the holder’s business, that have remained unclaimed by the owner for more than 3 years after they became payable, are presumed abandoned. (b) All intangible personal property, not otherwise covered by this title, including any income or increment on it and […]
Section 17-308.1 – Charges or Cessation of Benefits on Dormant or Inactive Accounts
(a) A holder may not impose any charges on a dormant or inactive account or cease payment or accrual of any benefits, including dividends or interest on property during the period of time giving rise to the presumption of abandonment unless: (1) The charges or cessation of any benefit are provided for in a valid, enforceable and […]
Section 17-308.2 – Notification of Apparent Owner of Presumed Abandoned Property
Not more than 120 days or less than 30 days before the filing of the report required under § 17–310 of this subtitle, the holder in possession of presumed abandoned property shall send a written notice by first–class mail to the apparent owner of presumed abandoned property valued at $100 or more to the owner’s […]
Section 17-309 – When Property Held for Owner in Another State Not Presumed Abandoned
If specific property which is subject to the provisions of this subtitle is held for an owner whose last known address is in another state, the specific property is not presumed abandoned in this State and is not subject to this subtitle if: (1) It may be claimed as abandoned or escheated under the laws of […]