The period of abandonment for accounts established pursuant to 26 U.S.C. §401(a), et seq. (commonly known as Self-Employed Retirement, or Keogh, Plans) and 26 U.S.C. §408(a), et seq. (commonly known as Individual Retirement Accounts or IRA's) may not begin until such time as distribution of all or part of the property constituting the respective account shall be, under the terms of the retirement plan, mandatory.

Authority: Commercial Law Article, §17-103, Annotated Code of Maryland

Effective date: October 17, 1974 (1:1 Md. R. 13)

Regulations .01—.05 amended effective October 1, 1975 (2:22 Md. R. 1369)

Regulation .06 adopted effective October 1, 1975 (2:22 Md. R. 1369)

Chapter revised effective January 7, 1982 (8:26 Md. R. 2104)

Regulation .01 amended effective September 30, 2002 (29:19 Md. R. 1523); September 19, 2022 (49:19 Md. R. 867)

Regulation .02 amended effective September 19, 2022 (49:19 Md. R. 867)

Regulation .02C amended effective September 30, 2002 (29:19 Md. R. 1523)

Regulation .02D adopted effective September 30, 2002 (29:19 Md. R. 1523)

Regulation .02E adopted effective September 30, 2002 (29:19 Md. R. 1523)

Regulation .02E amended effective September 1, 2003 (30:16 Md. R. 1073)

Annotation: COMAR 03.05.01.02 cited in Attorney General Opinion No. 81-035

(November 24, 1981)