Tex. Prop. Code § 72.102 · Subchapter B. PRESUMPTION OF ABANDONMENT
TRAVELER'S CHECK AND MONEY ORDER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A traveler's check or money order is not presumed to be abandoned under this chapter unless:
(1) the records of the issuer of the check or money order indicate that it was purchased in this state;
(2) the issuer's principal place of business is in this state and the issuer's records do not indicate the state in which the check or money order was purchased; or
(3) the issuer's principal place of business is in this state, the issuer's records indicate that the check or money order was purchased in another state, and the laws of that state do not provide for the escheat or custodial taking of the check or money order.
(b) A traveler's check to which Subsection (a) applies is presumed to be abandoned on the latest of:
(1) the 15th anniversary of the date on which the check was issued;
(2) the 15th anniversary of the date on which the issuer of the check last received from the owner of the check communication concerning the check; or
(3) the 15th anniversary of the date of the last writing, on file with the issuer, that indicates the owner's interest in the check.
(c) A money order to which Subsection (a) applies is presumed to be abandoned on the latest of:
(1) the third anniversary of the date on which the money order was issued;
(2) the third anniversary of the date on which the issuer of the money order last received from the owner of the money order communication concerning the money order; or
(3) the third anniversary of the date of the last writing, on file with the issuer, that indicates the owner's interest in the money order.
Notes and commentary — not statutory text
History
Acts 1983, 68th Leg., p. 3593, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1985, 69th Leg., ch. 230, Sec. 10, eff. Sept. 1, 1985; Acts 1997, 75th Leg., ch. 1037, Sec. 8, eff. Sept. 1, 1997; Acts 2001, 77th Leg., ch. 179, Sec. 1, eff. June 1, 2004.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 685 (H.B. 257), Sec. 3, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.72.htm
- Text hash
- sha256 8e1ed6bde59cd298b305509c9a0bd9dd95abf528b05dd41f441059e14660c30f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 2 provisions
Provisions in this library whose text cites Tex. Prop. Code § 72.102. Each shows the citation as that text prints it.
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