Tex. Prop. Code § 74.201 · Subchapter C. NOTICE BY COMPTROLLER
REQUIRED NOTICE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Section 74.202, the comptroller may use one or more methods as necessary to provide the most efficient and effective notice to each reported owner in the calendar year immediately following the year in which the report required by Section 74.101 is filed. The notice must be provided:
(1) in the county of the property owner's last known address; or
(2) in the county in which the holder has its principal place of business or its registered office for service in this state, if the property owner's last address is unknown.
(b) The notice must state that the reported property is presumed abandoned and subject to this chapter and must contain:
(1) the name and city of last known address of the reported owner;
(2) a statement that, by inquiry, any person possessing a legal or beneficial interest in the reported property may obtain information concerning the amount and description of the property; and
(3) a statement that the person may present proof of the claim and establish the person's right to receive the property.
(c) Deleted by Acts 1997, 75th Leg., ch. 1037, Sec. 21, eff. Sept. 1, 1997.
(d) The comptroller may offer for sale space for suitable advertisements in a notice published under this section.
Notes and commentary — not statutory text
History
Added by Acts 1985, 69th Leg., ch. 230, Sec. 17, eff. Sept. 1, 1985. Amended by Acts 1987, 70th Leg., ch. 426, Sec. 5, eff. Sept. 1, 1987; Acts 1991, 72nd Leg., ch. 153, Sec. 16, eff. Sept. 1, 1991; Acts 1993, 73rd Leg., ch. 36, Sec. 3.03, eff. Sept. 1, 1993; Acts 1997, 75th Leg., ch. 1037, Sec. 21, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 16.09, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.74.htm
- Text hash
- sha256 ae2fb3b0e94c36975f7afe6d8a56838d9c085084a9c31f366eb3947357bcdf80
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 5 provisions
Provisions in this library whose text cites Tex. Prop. Code § 74.201. Each shows the citation as that text prints it.
Property Code
- Tex. Prop. Code § 74.104CONFIDENTIALITY OF PROPERTY REPORT; EXCEPTIONS.Printed as Section 74.201, 74.203, or 74.307
- Tex. Prop. Code § 74.202NOTICE FOR ITEM WITH VALUE OF LESS THAN $100.Printed as Section 74.201
- Tex. Prop. Code § 74.203AUTHORIZED NOTICE.Printed as Section 74.201(b)
- Tex. Prop. Code § 74.205CHARGE FOR NOTICE.Printed as Section 74.201
- Tex. Prop. Code § 74.3061ESCHEAT OF FUNDS IN THE POSSESSION OF THE UNITED STATES.Printed as Section 74.201
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.