The Comptroller's Office serves as the legal custodian of stocks, bonds, savings accounts and other property (except real property) that are reported to us as unclaimed after three years by banks and other financial institutions. We have hundreds of thousands of records worth hundreds of millions of dollars.
We try to locate the owners through newspaper advertising, online promotional videos, news media campaigns, mass mailings, outreach programs, and our free online search service. Some unclaimed property items from abandoned safe deposit boxes in our custody are also being auctioned on eBay to obtain the best return value for the rightful owners.
The owners or their legitimate heirs can claim the funds at any time. There is no statute of limitations. You can find out if the Comptroller's Office is holding property for you by checking our website. You may also conduct a nationwide search by state using the NAUPA and MissingMoney websites.
The State of Maryland does not charge a fee for returning your property to you. Signing an agreement to have someone assist you in recovering unclaimed property may entail the payment of substantial fees. Effective July 1, 1991, such an agreement is unenforceable in Maryland if it covers property which has been in the state's custody for less than two years.
For more information, read the Unclaimed Property Business Tax Tip #19
Maryland State Retirement and Pension System Unclaimed Funds
The Maryland State Retirement Agency is attempting to find former public employees who did not work long enough to vest for a state pension benefit and return the contributions they made to the system to them. The retirement agency has established a searchable database on its website. Check the SRA’s website to determine your eligibility to collect.
Unclaimed Property List
The State of Maryland offers claimants free access to abandoned property records via our website, Missing Money partner site, and through the use of mass advertising. The website is updated the first week of every month.
You may purchase a CD of unclaimed property owners for a fee of $4.00 with a letter of request. Payment may be rendered via money order or business check payable to The Comptroller of Maryland – Unclaimed Property. The address is as follows:
Comptroller of Maryland
Unclaimed Property, Room 310
301 W. Preston Street
Baltimore, Maryland 21201
The CD would include the owner’s name, owner’s last known address as reported to the State and a claim number. The Comptroller is prohibited from disclosing social security numbers, the dollar amount, information related to the property type, information related to the holder, and financial notes, as this information constitutes confidential individual financial information which may not be disclosed according to Md. Code Ann., General Provisions Article (GP) §4-335. Additionally, under Md. Code Ann., Commercial Law, Section §17-311(b)(2) only a person in interest may obtain information about the amount or description of the property and the name and address of the person who held the property.
There is no licensing requirement in Maryland to engage in locating abandoned property. Section §17-325 contains the only provision in Maryland’s Abandoned Property Act which deals with these activities. It states that: All agreements to pay compensation to recover or assist in the recovery of property made within 24 months of the date the property is paid or delivered to the abandoned property office are unenforceable.