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Maryland Code, Commercial Law § 17-319

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

(a)(1) The Administrator shall consider any claim filed under this title and may hold a hearing and receive evidence concerning it.

(2) If a hearing is held, he shall prepare a finding and a decision in writing on each claim filed, stating the substance of any evidence heard by him and the reasons for his decision.  The decision shall be a public record.

(b) If the claim is allowed, the Administrator immediately shall make payment.  The claim shall be paid without deduction for costs of notices or sale or for service charges.

(c) In satisfying a claim the Administrator shall pay the claimant an amount equal to the sales price obtained at the public sale.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 17-319 - last updated December 31, 2021 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-17-319.html

Read this complete Maryland Code, Commercial Law § 17-319 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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