SPIRO T. AGNEW, Governor                         21

and 1966 Supplement), title "Banks and Trust Companies," sub-
title "Dormant Accounts," amending the law to provide for the
publication of the last known address of the owner of a dormant
account, and the account number.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 206 (b) of Article 11 of the Annotated Code of Maryland
(1957 Edition and 1966 Supplement), title "Banks and Trust Com-
panies," subtitle "Dormant Accounts," be and it is hereby repealed
and re-enacted, with amendments, to read as follows:

206.

(b) Whenever any deposit, account or share account or balance in
any deposit, account or share account in any bank, credit union,
trust company, savings institution, national bank, savings and loan
association or federal savings and loan association has been dormant
(except for any crediting of interest thereon which may have been
made and except for any deduction of maintenance or service charge
as provided in subsection (a) hereof) for a period of twenty (20)
years and the owners or persons claiming through him cannot rea-
sonably be located, such bank, credit union, trust company, savings
institution, national bank, savings and loan association or federal
savings and loan association shall, on or before the last day of
December of the year in which the last day of aforesaid twenty (20)
year period shall occur, publish the name of the owner thereof, AND
his last known address and the account number, as shown by its
records, in at least one newspaper in the city or county in which its
principal office is located over the names of the president and treas-
urer, which notice shall warn such owner or persons claiming
through him to present, within six months following such advertise-
ment, 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 informa-
tion relating to his or their identity and present address and estab-
lish claim to such deposit, account or share account or balance there-
in, such bank, credit union, 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 remaining in its hands, pay the remainder to the treasury
of the State of Maryland for the use and benefit of the State of Mary-
land 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.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1967.

Approved March 24, 1967.

CHAPTER 10
(Senate Bill 139)

AN ACT to repeal and re-enact, with amendments, Section 150 of
Article 66C of the Annotated Code of Maryland (1957 Edition),