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<section article="gcl" article_name="Commercial Law" number="17-319.1" title_number="17" title_name="Disposition of Abandoned Property" subtitle_number="3" subtitle_name="Abandoned Property in This State">
  <level label="a">
    <text>Not later than 6 months after a claim is allowed under § 17–318(a) of this subtitle, the Administrator shall deliver the property to the owner or pay to the owner the net proceeds of a sale of the property.</text>
  </level>
  <level label="b">
    <text>The Administrator may apply property held under this title by the Administrator to a claim for the payment of a debt owed to the State identified by or certified to the Administrator, including debts for unpaid State, county, or municipal tax.</text>
  </level>
  <level label="c">
    <text>Before delivery to an owner of property or payment to an owner for net proceeds of a sale of property, the Administrator shall:</text>
    <level label="1">
      <text>Apply the property or net proceeds to any debt under subsection (b) of this section that the Administrator determines is owed by the owner;</text>
    </level>
    <level label="2">
      <text>Pay the amount identified by or certified to the Administrator under subsection (b) of this section; and</text>
    </level>
    <level label="3">
      <text>Notify the owner of any payment toward a debt under subsection (b) of this section that the Administrator determines is owed by the owner.</text>
    </level>
  </level>
  <level label="d">
    <level label="1">
      <text>The Administrator may make periodic inquiries of State and local agencies in the absence of a claim filed under § 17–318(a) of this subtitle to determine whether an apparent owner included in the unclaimed property records of the State has enforceable debts under subsection (b) of this section.</text>
    </level>
    <level label="2">
      <text>If the Administrator identifies an enforceable debt during a periodic inquiry, the Administrator shall:</text>
      <level label="i">
        <text>Apply the property or net proceeds of a sale of the property held by the Administrator to the debt of an apparent owner who appears in the records of the Administrator;</text>
      </level>
      <level label="ii">
        <text>Pay the amount identified by or certified to the Administrator under subsection (b) of this section; and</text>
      </level>
      <level label="iii">
        <text>Notify the owner of any payment toward a debt under subsection (b) of this section that the Administrator determines is owed by the owner.</text>
      </level>
    </level>
  </level>
</section>
