§ 17-308.2. Notification of apparent owner of presumed abandoned property

Latest version.

   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.

HISTORY: 2003, ch. 36; 2005, ch. 34.

                    
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