Section 17-310.1 - Report by financial organization, insurance corporation, or utility neither holding nor owing abandoned property. - Maryland Statutes

§ 17-310.1. Report by financial organization, insurance corporation, or utility neither holding nor owing abandoned property.
 

(a)  Required.- In case any banking or financial organization, insurance corporation, or utility neither holds nor owes any abandoned property specified in this title on June 30 of any year, it shall make a written report to the Administrator so stating as provided in this section. 

(b)  Signing.- The report shall be signed by the holder who, by signing, attests to the veracity of the report. 

(c)  Form and contents.- The report shall be made on a standard form and include information that the Administrator requires. 

(d)  Time of filing.-  

(1) For banking or financial organizations, the report shall be for the period of July 1 through June 30 and shall be filed no later than October 31 of the same year. 

(2) For insurance corporations, the report shall be for the period of January 1 through December 31 of each year, and shall be filed no later than April 30 of the following year. 
 

[1981, ch. 773, § 2; ch. 774, § 2; 2005, ch. 25, § 13.]