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 […]
Section 17-206 – Election of Claimant; Effect of Notice
(a) Any person who asserts an interest in abandoned property in federal custody: (1) May elect to claim against the federal government; or (2) Within 90 days of the posting of the report of abandoned property in federal custody, shall notify the Administrator of the asserted interest and intent to claim. (b) If the Administrator receives notice under this […]
Section 17-310 – Report by Holder of Property Presumed Abandoned
(a) Every person holding funds or other tangible or intangible property presumed abandoned under this subtitle shall report to the Administrator with respect to the property as provided in this section. (b) The report shall be made under oath and shall include: (1) The name, if known, and last known address, if any, of each person who appears […]
Section 17-207 – Effect of Judicial Determination Against Claimant
If a judicial determination is made against a claimant of abandoned property in federal custody, the claimant may not assert a claim against this State.
Section 17-310.1 – Report by Financial Organization, Insurance Corporation, or Utility Neither Holding nor Owing Abandoned Property
(a) In case any banking or financial organization, insurance corporation, or utility neither holds nor owes any abandoned property specified in this title on June 30 of any year, it shall make a written report to the Administrator so stating as provided in this section. (b) The report shall be signed by the holder who, by signing, […]
Section 17-208 – Expiration of Limitations
The expiration of any limitations period set by statute or court order does not affect the right of this State to acquire possession of abandoned property in federal custody.
Section 17-311 – Notice to Persons Who Appear to Be Owners of Abandoned Property
(a) (1) Within 365 days from the filing of the report required by § 17-310 of this subtitle, the Administrator shall cause notice to be published in a newspaper of general circulation in the county in the State within which is located the last known address of any person to be named in the notice. (2) If an […]
Section 17-209 – Uniform Construction of Subtitle
This subtitle shall be construed to effect its general purpose to make uniform the laws of those states which enact it.
Section 17-312 – Delivery of Abandoned Property to Administrator
Every person who has filed a report as provided in § 17-310 of this subtitle, at the time of the filing of the report, shall pay or deliver to the Administrator all abandoned property specified in the report.