Texas Property Code 74.302 – Statement of Delivered Property
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(a) Property delivered under § 74.301 must be accompanied by a statement that:
(1) the property delivered is a complete and correct remittance of all accounts subject to this chapter in the holder’s possession;
(2) the existence and location of the listed owners are unknown to the holder; and
(3) the listed owners have not asserted a claim or exercised an act of ownership with respect to the owner’s reported property.
(b) The statement required by Subsection (a) shall be signed by:
(1) the individual holding the reported property;
(2) a partner, if the holder is a partnership;
(3) an officer, if the holder is an unincorporated association or a private corporation; or
(4) the chief fiscal officer, if the holder is a public corporation.
Terms Used In Texas Property Code 74.302
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Property: means real and personal property. See Texas Government Code 311.005
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005