Texas Property Code Title 6, Chapter 76 - Report, Delivery, And Claims Process For Certain Property

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 76.001 - Applicability
  (a) This chapter applies only to the holder of property if: (1) the holder is a: (A) school district; (B) municipality; (C) county; or (D)...

SUBCHAPTER B PROPERTY REPORT

• Texas Section 76.002 - Officers And Representatives
  In this chapter: (1) a reference to the treasurer of a holder includes a person performing the duties of the treasurer of a holder in...
• Texas Section 76.101 - Property Report
  (a) Each holder who on June 30 holds property subject to this chapter shall file a report of that property on or before the following...
• Texas Section 76.102 - Verification
  (a) The person preparing a property report shall place at the end of each copy of the report a verification made under oath and executed...
• Texas Section 76.103 - Retention Of Records
  (a) The holder required to file a property report shall keep a record of: (1) the name and last known address of each person who,...

SUBCHAPTER C NOTICE

• Texas Section 76.104 - Confidentiality Of Property Report
  (a) Except as provided by this chapter, a property report filed with the treasurer of the holder is confidential until the second anniversary of the...
• Texas Section 76.201 - Published Notice
  (a) Except as provided by Subsections (b) and (e), the treasurer of a holder shall publish a notice in a newspaper in the calendar year...
• Texas Section 76.202 - Notice To Owner
  (a) During the calendar year immediately following the year in which the property report is filed, the treasurer of the holder may mail a notice...
• Texas Section 76.203 - Notice That Accounts Are Subject To This Chapter
  Publication of notice in accordance with Section 76.201 is notice to the owner by the holder that the reported property is subject to this chapter....

SUBCHAPTER D DELIVERY

• Texas Section 76.204 - Charge For Notice
  The treasurer of the holder may charge the following against the property delivered under this chapter: (1) expenses incurred for the publication of notice required...
• Texas Section 76.301 - Delivery Of Property To Treasurer
  (a) Each holder who on June 30 holds property that is subject to this chapter shall deliver the property to the treasurer of the holder...
• Texas Section 76.302 - Verification Of Delivered Property
  (a) Property delivered under Section 76.301 must be accompanied by a verification under oath that: (1) the property delivered is a complete and correct remittance...
• Texas Section 76.303 - List Of Owners
  (a) The treasurer of the holder shall compile and revise each year an alphabetical list of names and last known addresses of the owners listed...

SUBCHAPTER E DISPOSITION OF DELIVERED PROPERTY

• Texas Section 76.304 - Period Of Limitation Not A Bar
  The expiration of any period specified by statute or court order, during which an action or proceeding may be initiated or entered to obtain payment...
• Texas Section 76.401 - Sale Of Property
  (a) Except as provided by Subsection (c), the treasurer of the holder shall sell at public sale all personal property, other than money and marketable...
• Texas Section 76.402 - Notice Of Sale
  Before the 21st day before the day on which a public sale is held under Section 76.401, the treasurer of the holder shall publish notice...

SUBCHAPTER F CLAIM FOR DELIVERED PROPERTY

• Texas Section 76.403 - Purchaser's Title
  (a) At a sale, public or private, of property that is held under this subchapter, the purchaser receives title to the purchased property free from...
• Texas Section 76.501 - Filing Of Claim
  (a) A claim for property delivered to the treasurer of the holder under this chapter must be filed with the treasurer of the holder. (b)...
• Texas Section 76.502 - Consideration Of Claim
  The treasurer of the holder shall consider the validity of each claim filed under this subchapter. Added by Acts 1997, 75th Leg., ch. 1037, Sec....
• Texas Section 76.503 - Hearing
  (a) The treasurer of the holder may hold a hearing and receive evidence concerning a claim filed under this subchapter. (b) If the treasurer of...
• Texas Section 76.504 - Payment Of Claim
  (a) If a claim has been approved under this subchapter, the treasurer of the holder shall pay the claim. (b) If a claim is for...
• Texas Section 76.505 - Appeal
  (a) A person aggrieved by the decision on a claim filed under this subchapter may appeal the decision before the 61st day after the date...
• Texas Section 76.506 - Fee For Recovery
  A person who informs a potential claimant that the claimant may be entitled to claim property that is reportable to the treasurer of the holder...

SUBCHAPTER G UNCLAIMED MONEY FUND

• Texas Section 76.507 - Claim Of Another State To Recover Property; Procedure
  (a) At any time after property has been paid or delivered to the treasurer of the holder under this chapter, another state may recover the...
• Texas Section 76.601 - Fund
  (a) The treasurer of the holder shall maintain a fund known as the unclaimed money fund. (b) The treasurer of the holder shall deposit to...
• Texas Section 76.602 - Use Of Fund
  (a) The treasurer of the holder shall use the unclaimed money fund to pay the claims of persons establishing ownership of property in the possession...

SUBCHAPTER H ENFORCEMENT

• Texas Section 76.603 - Audit; Budget
  The unclaimed money fund is subject to: (1) audit by the auditor of the holder or an independent auditor if the holder does not have...
• Texas Section 76.701 - Rules
  The treasurer of the holder may adopt rules necessary to carry out this chapter. Added by Acts 1997, 75th Leg., ch. 1037, Sec. 38, eff....
• Texas Section 76.702 - Examination Of Records
  (a) To enforce this chapter and to determine whether reports have been made as required by this chapter, the treasurer of the holder, at any...
• Texas Section 76.703 - Additional Personnel
  (a) The treasurer of the holder and the attorney for the holder may employ, in the office of either person, additional personnel necessary to enforce...
• Texas Section 76.704 - Offense
  (a) A person commits an offense if the person: (1) wilfully fails to file a report required by this chapter; (2) refuses to permit examination...

Last modified: September 28, 2016