Texas § 74.503 WAIVER OF CLAIM REQUIREMENT.

Texas Statutes

§ 74.503 — WAIVER OF CLAIM REQUIREMENT.

Texas § 74.503

Code PRProperty Code

This text of Texas § 74.503 (WAIVER OF CLAIM REQUIREMENT.) 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. § 74.503 (2026).

Text

Sec. 74.503. WAIVER OF CLAIM REQUIREMENT. The comptroller may waive the requirement of filing a claim and pay or deliver property directly to a person who does not file a claim if:

(1)the person receiving the property is the reported owner of the property;

(2)the comptroller reasonably believes the person is entitled to receive the property or payment; and

(3)the property has a value of less than $5,000.

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Sec. 74.503. WAIVER OF CLAIM REQUIREMENT. The comptroller may waive the requirement of filing a claim and pay or deliver property directly to a person who does not file a claim if:
(1) the person receiving the property is the reported owner of the property;
(2) the comptroller reasonably believes the person is entitled to receive the property or payment; and
(3) the property has a value of less than $5,000.