COMAR 03.05.02.02 — § 2 Examination of Records and Notice of Assessment.

.02 Examination of Records and Notice of Assessment.
A.
During normal business hours, the Administrator may examine the records of a person if there is reason to believe that the person failed to report property that should have been reported under
Commercial Law Article, Title 17, Annotated Code of Maryland
.
B.
If the Administrator, after conducting an examination of the records of a person, determines that the person has failed to pay or deliver abandoned property to the administrator as required under
Commercial Law Article, Title 17, Annotated Code of Maryland
, the Administrator shall issue a Notice of Assessment for Unclaimed Property.
C.
The Notice of Assessment for Unclaimed Property shall be dated and mailed to the person against whom the assessment is made.
D.
A Notice of Assessment for Unclaimed Property is considered a decision of the administrator.