§ 17-321. Administrator may decline property
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 17-321
§ 17-321. Administrator may decline property
After receiving reports of property presumed abandoned under this title, the Administrator may decline to receive any property reported which he considers to be valued at less than the cost of giving notice or of holding a sale. He may postpone taking possession until a sufficient sum accumulates, if he considers it desirable because of the small sum involved.
Credits
Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1981, c. 752.
Formerly Art. 95C, § 20.
MD Code, Commercial Law, § 17-321, MD COML § 17-321
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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