Texas Property Code 74.001 – Applicability
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(a) Except as provided by this section, this chapter applies to:
(1) property that is presumed abandoned under Chapter 72, Chapter 73, or Chapter 75;
(2) property that is presumed abandoned under Chapter 154, Finance Code;
(3) unclaimed proceeds under Chapter 1109, Insurance Code; or
(4) any other law requiring a person to report and deliver property to the comptroller under this chapter.
(b) This chapter does not apply to a holder of property subject to Chapter 76.
Terms Used In Texas Property Code 74.001
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
(c) This chapter does not apply to small credit balances held by an institution of higher education in an unclaimed money fund under § 51.011, Education Code.