ROBERT L. EHRLICH, JR., Governor                             Ch. 203

employer or paymaster or both shall be personally liable for the excess amount paid to
the employee. However, the total amount that the Comptroller recovers may not exceed
the total amount paid to the employee in violation of this section.

13-812.

(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(2) "ACCOUNT", "ACCOUNT HOLDER OF INTEREST", AND "FINANCIAL
INSTITUTION" HAVE THE MEANINGS STATED IN § 13-804 OF THIS SUBTITLE.

(3) "OBLIGOR" MEANS A PERSON WHOSE PROPERTY IS SUBJECT TO A
TAX LIEN.

(B) (1) (I) THE COMPTROLLER MAY SEND NOTICE OF A TAX LIEN TO ANY
FINANCIAL INSTITUTION THAT THE COMPTROLLER REASONABLY BELIEVES HOLDS
PROPERTY SUBJECT TO A TAX LIEN.

(II) THE NOTICE TO BE SENT UNDER THIS PARAGRAPH SHALL BE
PROVIDED BY:

1. FIRST-CLASS MAIL, UNDER THE POSTMARK OF THE
UNITED STATES POSTAL SERVICE, AT THE ADDRESS DESIGNATED FOR THIS
PURPOSE BY THE FINANCIAL INSTITUTION OR IF NO ADDRESS HAS BEEN
DESIGNATED, TO THE PRINCIPAL OFFICE OF THE FINANCIAL INSTITUTION;

2.       AN ELECTRONIC FORMAT AGREED ON BY THE
COMPTROLLER AND THE FINANCIAL INSTITUTION; OR

3.       ANY OTHER REASONABLE MANNER AS AGREED ON BY
THE COMPTROLLER AND THE FINANCIAL INSTITUTION.

(2) THE NOTICE TO BE SENT BY THE COMPTROLLER TO A FINANCIAL
INSTITUTION UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL CONTAIN:

(I) THE NAME OF THE OBLIGOR;

(II) THE AMOUNT OF THE TAX LIEN;

(III) THE LAST KNOWN ADDRESS OF THE OBLIGOR;

(IV) THE SOCIAL SECURITY NUMBER OR FEDERAL EMPLOYER
IDENTIFICATION NUMBER OF THE OBLIGOR; AND

(V) A NOTICE TO IMMEDIATELY SEIZE AND ATTACH FROM ONE OR
MORE ACCOUNTS HELD BY THE FINANCIAL INSTITUTION IN THE NAME OF THE
OBLIGOR AN AGGREGATE AMOUNT EQUAL TO THE LESSER OF THE AMOUNTS IN ALL
ACCOUNTS OR THE AMOUNT OF THE TAX LIEN.

(C) (1) ON RECEIPT OF THE NOTICE DESCRIBED IN SUBSECTION (B) OF THIS
SECTION THE FINANCIAL INSTITUTION PROMPTLY SHALL SEIZE AND ATTACH FROM
ONE OR MORE OF THE ACCOUNTS OF THE OBLIGOR HELD BY THE FINANCIAL
INSTITUTION AN AGGREGATE AMOUNT EQUAL TO THE LESSER OF:

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