Texas Property Code 76.103 – Retention of Records
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(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, from the records of the holder, appears to be the owner of the property;
(2) a brief description of the property, including the identification number of the account, if any; and
(3) the balance of each account, if appropriate.
(b) The record must be kept until the 10th anniversary of the date on which the property is reportable.
Terms Used In Texas Property Code 76.103
- 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) The treasurer of the holder may provide for a shorter period for keeping a record required by this section.