Texas § 74.502 CLAIM FILED WITH HOLDER.

Texas Statutes

§ 74.502 — CLAIM FILED WITH HOLDER.

Texas § 74.502

Code PRProperty Code

This text of Texas § 74.502 (CLAIM FILED WITH HOLDER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Property Code Code Ann. § 74.502 (2026).

Text

Sec. 74.502. CLAIM FILED WITH HOLDER.

(a)If a claim is filed with a holder under this section and the holder determines in good faith that the claim is valid, the holder may pay the amount of the claim.

(b)The comptroller shall reimburse the holder for a valid claim paid under this section.

(c)The request from a holder for reimbursement must be filed in accordance with procedures and on forms prescribed by the comptroller.

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Sec. 74.502. CLAIM FILED WITH HOLDER. (a) If a claim is filed with a holder under this section and the holder determines in good faith that the claim is valid, the holder may pay the amount of the claim.
(b) The comptroller shall reimburse the holder for a valid claim paid under this section.
(c) The request from a holder for reimbursement must be filed in accordance with procedures and on forms prescribed by the comptroller.

Legislative History

Added by Acts 1985, 69th Leg., ch. 230, Sec. 17, eff. Sept. 1, 1985. Amended by Acts 1993, 73rd Leg., ch. 851, Sec. 1, eff. Sept. 1, 1993; Acts 1997, 75th Leg., ch. 1037, Sec. 28, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 16.25, eff. Sept. 1, 1997.