Md. Code, Commercial Law § 17-309
This is the official text of Md. Code, Commercial Law § 17-309, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§17–309.
Official statutory text
If specific property which is subject to the provisions of this subtitle is held for an owner whose last known address is in another state, the specific property is not presumed abandoned in this State and is not subject to this subtitle if:
(1) It may be claimed as abandoned or escheated under the laws of the other state; and
(2) The laws of the other state make reciprocal provision that similar specific property is not presumed abandoned or escheatable by the other state when held for an owner whose last known address is in this State.
(1) It may be claimed as abandoned or escheated under the laws of the other state; and
(2) The laws of the other state make reciprocal provision that similar specific property is not presumed abandoned or escheatable by the other state when held for an owner whose last known address is in this State.
Status: in_force · Read it on the official government site
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