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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The Administrator may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimed property that it or another state may be entitled to subject to a claim of custody. The Administrator by rule may require the reporting of information needed to enable compliance with agreements made pursuant to this section and prescribe the form.
(b) To avoid conflicts between the Administrator's procedures and the procedures of administrators in other jurisdictions that enact the Uniform Unclaimed Property Act, the Administrator, so far as is consistent with the purposes, policies, and provisions of this subtitle, before adopting, amending, or repealing rules, may advise and consult with administrators in other jurisdictions that enact substantially the Uniform Unclaimed Property Act and take into consideration the rules of administrators in other jurisdictions that enact the Uniform Unclaimed Property Act.
(c) The Administrator may join with other states to seek enforcement of this subtitle against any person who is or may be holding property reportable under this Act.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 17-324 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-17-324/
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 before relying on it for your legal needs.
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