Section 12-419 - Issuance of duplicate payment instruments. - Maryland Statutes

§ 12-419. Issuance of duplicate payment instruments.
 

(a)  Request by buyer.- The original buyer of a payment instrument may request a duplicate of the instrument if the request is: 

(1) In writing; and 

(2) If required by the licensee, accompanied by: 

(i) An affidavit that gives the reason for the request and states the facts relating to the loss of or other failure to produce the original payment instrument; and 

(ii) A personal indemnity bond or, if the total amount of the payment instruments for which a duplicate is requested is $150 or more, a lost instrument corporate bond instead of a personal indemnity bond. 

(b)  Duty of licensee.- Each licensee shall issue or refuse to issue a duplicate payment instrument within 30 days after a request for the duplicate is made under this section. 
 

[An. Code 1957, art. 11, § 219A; 1980, ch. 33, § 2; ch. 541; 1997, ch. 23; 2002, ch. 539.]