Texas Property Code

§ 72.001 — APPLICATION OF CHAPTER

PR § 72.001Title 6. UNCLAIMED PROPERTY · Ch. 72. ABANDONMENT OF PERSONAL PROPERTY · Art. A. GENERAL PROVISIONS

Statute text

(a)Tangible or intangible personal property is subject to this chapter if it is covered by Section 72.101 and:

(1)the last known address of the apparent owner, as shown on the records of the holder, is in this state;

(2)the records of the holder do not disclose the identity of the person entitled to the property, and it is established that the last known address of the person entitled to the property is in this state;

(3)the records of the holder do not disclose the last known address of the apparent owner, and it is established that:

(A)the last known address of the person entitled to the property is in this state; or

(B)the holder is a domiciliary or a government or governmental subdivision or agency of this state and has not previously paid or delivered the property to the state of the last known address of the apparent owner or other person entitled to the property;

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Legislative history

Acts 2021, 87th Leg., R.S., Ch. 52 (H.B. 1514), Sec. 3, eff. May 18, 2021.