Md. Code Ann., Com. Law § 17-319
Processing of claim
Effective Oct 1, 2025Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1981, c. 752; Acts 1981, c. 773, § 2; Acts 1981, c. 774, § 2; Acts 2004, c. 110, § 1, eff. July 1, 2004; Acts 2025, c. 635, § 1, eff. Oct. 1, 2025; Acts 2025, c. 636, § 1, eff. Oct. 1, 2025.State of Maryland
(a)
- (1) The Administrator shall consider any claim filed under this title and may hold a hearing and receive evidence concerning it.
(2)
- (i) 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.
- (ii) The decision shall be a public record.
(b)
- (1) 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.
- (2) The claim shall be paid without deduction for costs of notices or sale or for service charges.
- (c) In satisfying a claim the Administrator shall pay the claimant an amount equal to the sales price obtained at the public sale.
Added by Acts 1975, c. 49, § 3, eff. July 1, 1975. Amended by Acts 1981, c. 752; Acts 1981, c. 773, § 2; Acts 1981, c. 774, § 2; Acts 2004, c. 110, § 1, eff. July 1, 2004; Acts 2025, c. 635, § 1, eff. Oct. 1, 2025; Acts 2025, c. 636, § 1, eff. Oct. 1, 2025.
Formerly Art. 95C, § 18.