Texas Property Code 76.504 – Payment of Claim
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(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 personal property other than money and has been approved under this subchapter, the treasurer of the holder promptly shall deliver the property to the claimant unless the treasurer of the holder has sold the property. If the property has been sold under Section 76.401, the treasurer of the holder shall pay to the claimant the proceeds from the sale.
Terms Used In Texas Property Code 76.504
- Personal property: All property that is not real property.
- Property: means real and personal property. See Texas Government Code 311.005
(c) Costs of publication and postage shall be deducted from the amounts paid under this section, but deductions for any costs of administration or service charges may not be made.