Ch. 375

LAWS OF MARYLAND

(v) Otherwise indicated an interest in the
deposit as evidenced by a memorandum on file with the banking
organization;

(2)  Any funds paid [in the State] toward the purchase
of shares or other interest in a financial organization, or any
deposit made with these funds [in the State], and any interest or
dividends on these, excluding any charges that lawfully may be
withheld, unless, within 5 years, the owner has:

(i) Increased or decreased the amount of the
funds or deposit, or presented an appropriate record for the
crediting of interest or dividends;

(ii) Corresponded in writing with the financial
organization concerning the funds or deposit; or

(iii) Otherwise indicated an interest in the
funds or deposit as evidenced by a memorandum on file with the
financial organization; AND

(3)  Any sum payable on a check certified in the THIS
State or on a written instrument issued in the THIS State on
which a banking or financial organization or business association
is directly liable, including any certificate of deposit, draft,
traveler's check, and money order, that has been outstanding for
more than 5 years from the date it was payable (or 15 years in
the case of a traveler's check) or, if payable on demand, from
the date of its issuance, unless, within 5 years or 15 years in
the case of a traveler's check, the owner has:

(i) Corresponded in writing with the banking or
financial organization or business association concerning it; or

(ii) Otherwise indicated an interest as
evidenced by a memorandum on file with the banking or financial
organization or business association; and

(4)  Any property removed from a safekeeping
repository [in the State] on which the lease or rental period has
expired or any surplus amounts arising from the sale of the
property pursuant to law, that have been unclaimed by the owner
for more than 5 years from the date on which the lease or rental
period expired.

[(5)] (B) Nothing in this section shall be construed
to apply to any demand, savings, or matured time deposits that
are designated subject to the order of any court of [this]
THE State.

(C) PROPERTY IS SUBJECT TO THE CUSTODY OF THE THIS STATE AS
UNCLAIMED PROPERTY IF THE CONDITIONS RAISING A PRESUMPTION OF
ABANDONMENT UNDER THIS SECTION ARE MET AND:

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