664

LAWS OF MARYLAND

[Ch. 49

In subsection (b) (1) and (3) of this section,
the specification of a value of $10 for an
item has been changed to $25 at the request of
the Abandoned Property Unit of the
Comptroller's Office. The Unit recommends the
change to return the Maryland act to
conformance with the Uniform Act as enacted in
most states.

Subsection (d) of this section has been
rewritten to clarify the reporting periods and
dates.

The only other changes are technical changes
in style.

17-115. NOTICE TO PERSONS WHO APPEAR TO BE OWNERS OF
ABANDONED PROPERTY.

(A)   PUBLICATION OF NOTICE.

(1) WITHIN 180 DAYS FROM THE FILING OF THE
REPORT REQUIRED BY §17-114, THE ADMINISTRATOR SHALL CAUSE
NOTICE TO BE PUBLISHED AT LEAST ONCE EACH WEEK FOR TWO
SUCCESSIVE WEEKS IN A NEWSPAPER OF GENERAL CIRCULATION IN
THE COUNTY IN THE STATE WITHIN WHICH IS LOCATED THE LAST
KNOWN ADDRESS OF ANY PERSON TO BE NAMED IN THE NOTICE.

(2) IF AN ADDRESS IS NOT LISTED OR IF THE
ADDRESS IS OUTSIDE THE STATE, THE NOTICE SHALL BE
PUBLISHED IN THE COUNTY WITHIN WHICH THE HOLDER OF THE
ABANDONED PROPERTY HAS HIS PRINCIPAL PLACE OF BUSINESS IN
THIS STATE.

(B)   CONTENTS OF PUBLISHED NOTICE.

THE PUBLISHED NOTICE SHALL BE ENTITLED "NOTICE OF
NAMES OF PERSONS APPEARING TO BE OWNERS OF ABANDONED
PROPERTY," AND SHALL CONTAIN:

(1)   THE NAMES IN ALPHABETICAL ORDER AND LAST
KNOWN ADDRESSES, IF ANY, OF PERSONS LISTED IN THE REPORT
AND ENTITLED TO NOTICE IN THE COUNTY SPECIFIED IN THIS
SECTION;

(2)    A STATEMENT THAT INFORMATION CONCERNING
THE AMOUNT OR DESCRIPTION OF THE PROPERTY AND THE NAME
AND ADDRESS OF THE HOLDER MAY BE OBTAINED BY ANY PERSON
WHO POSSESSES AN INTEREST IN THE PROPERTY, BY ADDRESSING
AN INQUIRY TO THE ADMINISTRATOR; AND

(3)   A STATEMENT THAT IF PROOF OF CLAIM IS NOT
PRESENTED BY THE OWNER TO THE HOLDER AND IF THE OWNER'S
RIGHT TO RECEIVE THE PROPERTY IS NOT ESTABLISHED TO THE