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Texas Unclaimed Property
You may be richer than you think.
From a long-dormant bank account to a forgotten utility deposit or family heirloom in an abandoned safe deposit box, the state may be holding valuable property, assets or money that belongs to you. If so, I want to return your property to you.
In today's mobile society, Texans can easily lose track of uncashed stock dividend checks, monies, insurance proceeds, utility and rent deposits, and other assets that may escape attention.
What is unclaimed property?
Unclaimed Property can be any financial asset that appears to have been abandoned by the owner for more than one year. Some examples of property that can become abandoned are:
Dividend, payroll or cashier's checks
Stocks, mutual fund accounts, bonds
Utility deposits and other refunds
Bank accounts and safe deposit box contents
Insurance proceeds
Mineral interest or royalty payments
Court deposits, trust funds, escrow accounts
Why does it come to the State?
The unclaimed property law requires financial institutions, businesses, and government entities to report to the state, personal property they are holding that is considered abandoned or unclaimed.
The Texas Comptroller of Public Accounts is responsible for administering the Texas Unclaimed Property Program. Property is turned over to the Comptroller's office annually when the owner's whereabouts are unknown and the property has been inactive on the books of the reporting company after the appropriate abandonment period has run.
Unclaimed Property Statutes in Texas
Chapters 72 through 75 of the Texas Property Code govern the State of Texas Unclaimed Property Program. To view the statutes applying to the abandonment of property, property held by financial institutions, report delivery and claim process, or Texas minerals, go to the Texas Property Code and scroll down to Title 6, Unclaimed Property, then click on the appropriate chapter.
Chapter 76 of the Texas Property Code governs the Texas county, municipality, and independent school district (ISD) programs. To view the statute applying to the report, delivery, and claims process for properties held at the county, municipality, and ISD level, go to the Texas Property Code and scroll down to Title 6, Unclaimed Property, then, click on the link to Chapter 76.
Comptroller of Public Accounts
Unclaimed Property Division
Research and Correspondence Section
Post Office Box 12019
Austin, Texas 78711-2019
1-800-654-FIND
http://www.window.state.tx.us/up/
Also see other states for lost money:
• Alabama unclaimed assets
• California unclaimed property
• Florida unclaimed assets
• Missouri unclaimed property
• Texas unclaimed property
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