MD SB60 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2022 - 25% progression, died in committee
Action: 2022-01-17 - Hearing canceled
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 12 2022 - 25% progression, died in committee
Action: 2022-01-17 - Hearing canceled
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the holder of presumed abandoned property valued at $1,000 or more to send written notice to the apparent owner by certified mail, return receipt requested, rather than by first-class mail; and requiring the holder of abandoned property valued at $1,000 or more to keep records relating to that property.
Title
Financial Institutions – Abandoned Property – Notice and Records
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-17 | Senate | Hearing canceled |
| 2022-01-14 | Senate | Hearing 2/02 at 1:00 p.m. |
| 2022-01-12 | Senate | First Reading Finance |
| 2021-10-26 | Senate | Pre-filed |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Commercial Law | 17 | 308.2 | (n/a) | See Bill Text |
| Commercial Law | 17 | 310 | (n/a) | See Bill Text |
| Commercial Law | 17 | 312 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0060?ys=2022RS |
| Text | https://mgaleg.maryland.gov/2022RS/bills/sb/sb0060f.pdf |
