# Commercial Law (GCL)

## Title 17. Disposition of Abandoned Property

### Subtitle 3. Abandoned Property in This State

#### Section 17-308.2

Not more than 120 days or less than 30 days before the filing of the report required under Sec. 17-310 of this subtitle, the holder in possession of presumed abandoned property shall send a written notice by first-class mail to the apparent owner of presumed abandoned property valued at $100 or more to the owner's last known address informing the owner that:

(1) The holder is in possession of property subject to the provisions of this title; and

(2) The property will be considered abandoned unless the owner responds within 30 days of the notification to the holder.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)