Abandoned Property Dormancy Periods in Maryland
Business Finance
| Property Type |
Presumed Abandoned After |
| Bank account |
three years |
| Checks or drafts |
three years |
| Demutualization proceeds |
no specific provision |
| Gift certificates, gift cards, and credit memos |
no specific provision |
| Insurance policies |
life, annuity, fire, casualty, and surety insurance policies: three years |
| IRAs or retirement funds |
no specific provisions |
| Money orders |
three years |
| Other intangible personal property not otherwise specified |
three years |
| Proceeds from class action suits |
no specific provision |
| Property distributable by a business association in the course of dissolution |
60 days |
| Property held by Maryland courts or public agencies |
three years |
| Property held by fiduciaries |
three years |
| Safe deposit boxes |
three years |
| Shares in a financial institution |
three years |
| Stocks, dividends, and distributions |
three years |
| Traveler's checks |
15 years |
| Deposits and advances owed utility company customer |
deposits, refunds, and advances: three years |
| Wages or salaries |
three years |
Related Resources
Abandoned Property Dormancy Periods in Maine
Abandoned Property Dormancy Periods in Massachusetts
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