CHAPTER NUMBER: 36
File Code: Commercial Law - Generally
- Sponsored By:
-
Chairman, Economic Matters Committee (By Request - Departmental
- Comptroller)
- Entitled:
-
Commercial Law - Disposition of Abandoned Property - Notice
Requirement of Holder
Requiring all holders of property subject to the abandoned property
law to provide written notice by first-class mail to owners not more
than 120 days or less than 30 days before the filing of the report
required by { 17-310 of the Commercial Law Article; and clarifying
that the notice requirement applies to banking or financial
organizations or business associations holding specified abandoned
property.
House Action
- 1/29
- First Reading Economic Matters
- 1/31
- Hearing 2/12 at 1:00 p.m.
- 2/24
- Favorable Report by Economic Matters
- 2/25
- Favorable Report Adopted
- Second Reading Passed
- 2/27
- Third Reading Passed (139-0)
- 3/31
- Returned Passed
- 4/8
- Signed by the Governor Chapter 36
Senate Action
- 2/28
- First Reading Finance
- 3/12
- Hearing 3/25 at 1:00 p.m.
- 4/2
- Favorable Report by Finance
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/1
- Third Reading Passed (46-0)
- Sponsored by:
- Chairman, Econ. Matters Comm.
- Departmental
- Bill indexed under the following Subjects:
- ABANDONED PROPERTY
- BANKS AND TRUST COMPANIES
- FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
- NOTICES
- PERSONAL PROPERTY
- POSTAL SERVICE
- Bill affects the following Statutes:
- Commercial Law
- (
17-301 ,
17-308.2
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- House
- February 27, 2003: Third Reading Passed (139-0)
- Senate
- April 1, 2003: Third Reading Passed (46-0)