Md. Code Ann., Fin. Inst. § 12-419
Request for duplicate payment instruments
Effective Oct 1, 2002Added as Financial Institutions § 12-415 by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1980, c. 541, § 1, eff. July 1, 1980; Acts 1997, c. 23, § 1, eff. Oct. 1, 1997. Renumbered as Financial Institutions § 12-419 by Acts 2002, c. 539, § 1, eff. Oct. 1, 2002. Amended by Acts 2002, c. 539, § 1, eff. Oct. 1, 2002.State of Maryland
(a) 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) 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.
Added as Financial Institutions § 12-415 by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1980, c. 541, § 1, eff. July 1, 1980; Acts 1997, c. 23, § 1, eff. Oct. 1, 1997. Renumbered as Financial Institutions § 12-419 by Acts 2002, c. 539, § 1, eff. Oct. 1, 2002. Amended by Acts 2002, c. 539, § 1, eff. Oct. 1, 2002.
Formerly Art. 11, § 219A.