Tex. Prop. Code § 74.503 · Subchapter F. CLAIM FOR DELIVERED PROPERTY
WAIVER OF CLAIM REQUIREMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The comptroller may waive the requirement of filing a claim and pay or deliver property directly to a person who does not file a claim if:
(1) the person receiving the property is the reported owner of the property;
(2) the comptroller reasonably believes the person is entitled to receive the property or payment; and
(3) the property has a value of less than $5,000.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 52 (H.B. 1514), Sec. 12, eff. May 18, 2021.
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 a3a49c26a3a40142cf25a569b4f78b17dea964a1318013c91ccb59c78e8dc998
- 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 § 74.503. Each shows the citation as that text prints it.
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.