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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) In this section, “wages” has the meaning assigned by Section 61.001, Labor Code.
(b) An amount of unclaimed wages is presumed abandoned if, for longer than one year:
(1) the existence and location of the person to whom the wages are owed is unknown to the holder of the wages; and
(2) according to the knowledge and records of the holder of the wages, a claim to the wages has not been asserted or an act of ownership of the wages has not been exercised.
Cite this article: FindLaw.com - Texas Property Code - PROP § 72.1015. Unclaimed Wages - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-72-1015/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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