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2017 Maryland Code
Commercial Law
Title 17 - Disposition of Abandoned Property
Subtitle 3 - Abandoned Property in This State
§ 17-308.2. Notification of apparent owner of presumed abandoned property
Universal Citation: MD Comm L Code § 17-308.2 (2017)
- Not more than 120 days or less than 30 days before the filing of the report required under ยง 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 last known address informing the owner that:
- (1) The holder is in possession of property subject to the provisions of this title; and
- (2) The property will be considered abandoned unless the owner responds within 30 days of the notification to the holder.
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