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2007 Laws of Maryland
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Ch. 210
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(i) give notice of the sale of the property by registered or
certified mail to those persons entitled to its possession and to those lienholders whose
names and addresses can be ascertained by the exercise of reasonable diligence; and
(ii) publish a description of the property and the time, place,
and terms of the sale of the property in a newspaper of general circulation in
Baltimore City in each of two successive weeks.
(2) After complying with the requirements of paragraph (1) of this
subsection, the Department may sell the property at public auction.
(3) The terms and manner of sale may be established by rule.
(e) The certificate of the Department that personal property has been sold
under this section is sufficient evidence of title to the property for all purposes,
including the right to obtain a certificate of title or registration from an appropriate
unit of the State.
(f) (1) The amount received from the sale of personal property in
accordance with this section shall be distributed in the following order of priority:
(i) first, to the Department in an amount equal to the expense
of sale and all expenses incurred while the property was in the possession of the
Department;
(ii) second, to lienholders in order of their priority; and
(iii) third, to the General Fund subject to paragraphs (2) and (3)
of this subsection.
(2) At any time within 3 years after the date of a sale under this
section, a person who submits satisfactory proof of the right to possession of the
property shall be paid, without interest, the amount distributed to the General Fund
under paragraph (1)(iii) of this subsection.
(3) A claim under paragraph (2) of this subsection is barred if more
than 3 years has passed since the date of a sale under this section.
(g) This section does not create or recognize any cause, action, or defense or
abridge any immunity now or in the future held by the Department, the Secretary, or
an employee of the Department.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2007.
Approved by the Governor, April 24, 2007.
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- 1512 -
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