HB 882 Financial Institutions Abandoned Property Notice and Records
Maryland 2020 Regular Session
Financial Institutions - Abandoned Property - Notice and Records
HB-882
About HB-882
Requiring the holder of presumed abandoned property valued at $1,000 or more to send certain written notice to the apparent owner by registered mail requiring a signature, rather than by first-class mail; requiring the holder of abandoned property valued at $1,000 or more to keep records relating to that property for at least 3 years; requiring that certain records be sufficient to allow a person who is able to recover the abandoned property to establish a tax basis; etc.
Bill Texts
Engrossed 03/12/2020
Introduced 02/04/2020
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