Tex. Prop. Code § 74.7021 · Subchapter H. ENFORCEMENT
LIMITATION PERIOD FOR EXAMINATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The comptroller or attorney general may not begin an examination relating to the reporting, payment, or delivery of property under this chapter after the seventh anniversary of the date a person filed a property report under this title.
(b) The limitation provided by this section does not apply if:
(1) the person has filed a false or fraudulent property report with the intent to avoid delivery of property as required by this title;
(2) a property report for a period has not been filed; or
(3) a court grants a petition to compel the person to submit to an examination under this chapter, deliver property, or file a property report.
(c) For purposes of Subsection (b)(1), a person is presumed to have acted with intent to avoid delivery of property as required by this title if, after correction of a report, the amount of property to be delivered under this title exceeds the amount initially reported by at least 25 percent.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 897 (H.B. 3598), Sec. 9, eff. June 10, 2019.
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 ab040aff933c4f3f934557217143661e9814878374d40b385b39e0f61cc71e68
- 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
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.