§ 9-108. Location of heirs or legatees unknown
West's Annotated Code of MarylandEstates and Trusts
MD Code, Estates and Trusts, § 9-108
§ 9-108. Location of heirs or legatees unknown
(a) The personal representative shall pay over or transfer the money or property or its proceeds, as directed by order of court, to the board of education in the county where the letters were granted, and it shall be applied for the use of the public schools in such county, whenever it appears to the satisfaction of the court that:
(b)(1) If, after payment has been made to the board of education, a claim for refund is filed by the heir or legatee, or by the personal representative of the heir or legatee, the claimant is entitled to a refund, without interest, of the sum paid, or the proceeds from the sale of property if not in the form of cash when transferred to the board of education, or the fair market value at the time of transfer if not converted to cash.
Credits
Added by Acts 1974, c. 11, § 2, eff. July 1, 1974. Amended by Acts 1996, c. 10, § 1, eff. April 9, 1996; Acts 1997, c. 14, § 1, eff. April 8, 1997; Acts 1998, c. 785, § 1, eff. Oct. 1, 1998.
Formerly Art. 93, § 9-108.
MD Code, Estates and Trusts, § 9-108, MD EST & TRST § 9-108
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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