<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="17-319" title_number="17" title_name="Disposition of Abandoned Property" subtitle_number="3" subtitle_name="Abandoned Property in This State">
  <level label="a">
    <level label="1">
      <text>The Administrator shall consider any claim filed under this title and may hold a hearing and receive evidence concerning it.</text>
    </level>
    <level label="2">
      <level label="i">
        <text>If a hearing is held, the Administrator shall prepare a finding and a decision in writing on each claim filed, stating the substance of any evidence heard by the Administrator and the reasons for the Administrator’s decision.</text>
      </level>
      <level label="ii">
        <text>The decision shall be a public record.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>If the claim is allowed, or if the Administrator waives the filing requirement in accordance with § 17–318(b) of this subtitle, the Administrator immediately shall make payment.</text>
    </level>
    <level label="2">
      <text>The claim shall be paid without deduction for costs of notices or sale or for service charges.</text>
    </level>
  </level>
  <level label="c">
    <text>In satisfying a claim the Administrator shall pay the claimant an amount equal to the sales price obtained at the public sale.</text>
  </level>
</section>
