Escheat in Texas

From WFG Wiki

Overview

Sources

Tex. Prop. Code Ann. Chapter 72 et seq.

Recipient Office

Comptroller of Public Accounts

Reporting

  • Time Period: 3
  • Due Diligence Amount: 250
  • Due Diligence Dates: No later than May 1
  • Aggregate Amount: 24.99
  • Report Period: 3/1 - 2/28
  • Report Due Date: 7/1
  • Negative Reporting: No

Dormancy Fee

A holder can charge for the cost of the postage for the due diligence notice as a service charge against the property.

Web Site

http://comptroller.texas.gov/up/

Cross-References