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Session Laws, 1951
Volume 603, Page 1209   View pdf image (33K)
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THEODORE R. MCKELDIN, GOVERNOR 1209

following such advertisement, information relating to his or
their identity and present address, and, if within six months
following such advertisement the owner or persons claiming
through him shall not present information relating to his or
their identity and present address and establish claim to such
deposit, account or share account or balance therein, such bank,
trust company, savings institution, national bank, savings and
loan association or Federal savings and loan association shall,
after deducting the pro rata cost of such advertisement from
the deposit, account or share account or balance therein re-
maining in its hands, pay the remainder to the Treasurer of
the State of Maryland for the use and benefit of the State of
Maryland and thereafter its liability to the owner or persons
claiming through him of such deposit, account or share account
or balance therein shall cease and determine.

(c) Any owner or any person claiming through him legally
entitled to any deposit, account or share account or any balance
therein paid to the Treasurer of the State of Maryland pursuant
to Sub-section (b) herein may recover the same at any time in
the same sum as that paid to the Treasurer, without interest,
in the following manner: Such person shall present to the
Comptroller proof that he is the owner and is legally entitled
to that portion of any deposit, account or share account or
balance thereof paid to the Treasurer and if the Comptroller,
with the advice of the Attorney General, shall be satisfied by
a reasonable preponderance of evidence that such person is the
owner and is legally entitled to said sum, he shall forthwith pay
said sum to said person out of any funds paid to the Treasurer
pursuant to Sub-section (b) herein during the current fiscal
year and if such funds are insufficient for such purpose, he
shall certify a statement of the amount of funds needed to the
Governor and the Governor shall include such amount in his
next budget.

SEC. 2. And be it further enacted, That if any clause, sent-
ence, paragraph, or section of this sub-title shall, for any rea-
son, be adjudged by any court of competent jurisdiction to be
unconstitutional and invalid, such judgment shall not affect,
impair or invalidate the remainder thereof, but shall be con-
fined in its operation to the clause, sentence, paragraph or
section thereof so found unconstitutional and invalid.

SEC. 3. And be it further enacted, That this Act shall take
effect June 1, 1951.

Approved April 13, 1951.


 

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Session Laws, 1951
Volume 603, Page 1209   View pdf image (33K)
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