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2022 Maryland Statutes
Commercial Law
Title 17 - Disposition of Abandoned Property
Subtitle 3 - Abandoned Property in This State
Section 17-308.2 - Notification of Apparent Owner of Presumed Abandoned Property
Universal Citation:
MD Commercial Law Code § 17-308.2 (2022)
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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 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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