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Maryland Code, Commercial Law § 17-309

Current as of December 31, 2021 | Updated by FindLaw Staff

If specific property which is subject to the provisions of this subtitle is held for an owner whose last known address is in another state, the specific property is not presumed abandoned in this State and is not subject to this subtitle if:

(1) It may be claimed as abandoned or escheated under the laws of the other state;  and

(2) The laws of the other state make reciprocal provision that similar specific property is not presumed abandoned or escheatable by the other state when held for an owner whose last known address is in this State.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 17-309 - last updated December 31, 2021 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-17-309.html

Read this complete Maryland Code, Commercial Law § 17-309 on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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