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2021 Maryland Statutes
Commercial Law
Title 17 - Disposition of Abandoned Property
Subtitle 3 - Abandoned Property in This State
Section 17-305 - When Property Presumed Abandoned -- Personal Property Distributable on Forfeiture of Charter or Voluntary Dissolution of Business Association
Universal Citation:
MD Commercial Law Code Ann. § 17-305 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
All tangible or intangible personal property distributable on forfeiture of the charter or voluntary dissolution of a business association, banking organization, or financial organization organized under the laws of this State, that is unclaimed by the owner 60 days after the date of final distribution, is presumed abandoned.
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