Filing disclaimer; transfer of disclaimed property
Sec. 36.5. (a) An owner of property that is delivered to the
attorney general may disclaim the property by filing a disclaimer of
property with the attorney general in the form and manner required
by the attorney general.
(b) If the property is disclaimed under subsection (a), the attorney
general may immediately:
(1) sell the property and transmit the proceeds; or
(2) transfer the property;
to the state general fund.
As added by P.L.107-2003, SEC.9.
Last modified: May 24, 2006