(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 address is not listed or if the address is outside the State, the notice shall be published in the county within which the person who held the abandoned property has the principal place of business in this State.
(b) The published notice shall be entitled “Notice of Names of Persons Appearing to Be Owners of Abandoned Property” and shall contain:
(1) The names in alphabetical order and last known addresses, if any, of persons listed in the report and entitled to notice in the county specified in this section;
(2) A statement that information concerning the amount or description of the property and the name and address of the person who held the property may be obtained by any person who possesses an interest in the property, by addressing an inquiry to the Administrator; and
(3) A statement that a proof of claim may be presented by the owner to the Administrator.
(c) The Administrator is not required to publish in the notice any item valued at less than $100 unless the Administrator considers the publication to be in the public interest.
(d) Within 120 days from the receipt of the report required by § 17-310 of this subtitle, the Administrator shall mail a notice to each person who has an address listed in the report who appears entitled to property valued at $100 or more and presumed abandoned under this subtitle.
(e) The mailed notice shall contain:
(1) A statement that, according to a report filed with the Administrator, property is being held to which the addressee appears entitled;
(2) The name and address of the person who held the property and any necessary information regarding any change of the name or address of the holder; and
(3) A statement that a proof of claim may be presented by the owner to the Administrator.
Structure Maryland Statutes
Title 17 - Disposition of Abandoned Property
Subtitle 3 - Abandoned Property in This State
Section 17-302 - When Property Presumed Abandoned -- Insurance Funds
Section 17-303 - When Property Presumed Abandoned -- Funds Held by Utility
Section 17-304 - When Property Presumed Abandoned -- Stock or Sum Held by Business Association
Section 17-308.1 - Charges or Cessation of Benefits on Dormant or Inactive Accounts
Section 17-308.2 - Notification of Apparent Owner of Presumed Abandoned Property
Section 17-309 - When Property Held for Owner in Another State Not Presumed Abandoned
Section 17-310 - Report by Holder of Property Presumed Abandoned
Section 17-311 - Notice to Persons Who Appear to Be Owners of Abandoned Property
Section 17-312 - Delivery of Abandoned Property to Administrator
Section 17-315 - Effect of Expiration of Period of Limitation
Section 17-316 - Sale of Abandoned Property Delivered to Administrator
Section 17-317 - Disposition of Funds Received Under Title
Section 17-318 - Filing Claim to Property or Proceeds of Sale
Section 17-319 - Consideration of Claim by Administrator; Payment of Claim; Interest
Section 17-320 - Judicial Review of Administrator's Action
Section 17-321 - Administrator May Decline to Receive Certain Property
Section 17-323 - Enforcement and Penalties
Section 17-324 - Interstate Cooperation