§ 17-305. Presumption; following dissolution
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 17-305
§ 17-305. Presumption; following dissolution
All tangible or intangible personal property distributable on forfeiture of the charter or voluntary dissolution of a business association, banking organization, or financial organization organized under the laws of this State, that is unclaimed by the owner 60 days after the date of final distribution, is presumed abandoned.
Credits
Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1976, c. 387, § 2; Acts 1981, c. 752.
Formerly Art. 95C, § 6.
MD Code, Commercial Law, § 17-305, MD COML § 17-305
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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