Texas Property Code

§ 77.052 — NOTICE BY HOLDER REQUIRED

PR § 77.052Title 6. UNCLAIMED PROPERTY · Ch. 77. REPORT, DELIVERY, AND CLAIMS PROCESS FOR UNCLAIMED RESTITUTION PAYMENTS · Art. B. PROPERTY REPORT

Statute text

View on source

A holder who on March 1 holds an unclaimed restitution payment that is presumed abandoned under Section 76.013 or 508.322, Government Code, shall, on or before the following May 1, mail to the last known address of the victim entitled to the unclaimed restitution payment written notice stating that:

(1)the holder is holding the restitution payment to which the victim is entitled; and

(2)the holder may be required to deliver the restitution payment to the comptroller on or before July 1 if the victim does not claim the restitution payment.

Legislative history

Added by Acts 2017, 85th Leg., R.S., Ch. 351 (H.B. 1866), Sec. 4, eff. September 1, 2017.