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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) If the federal government enacts a law that provides for the discovery of unclaimed property held by the federal government and that provides or makes that information available to the states, the comptroller may pay to the federal government from the unclaimed money received under this chapter or any other statute requiring the delivery of unclaimed property to the comptroller the proportional share of the necessary cost of examining records.
(b) If the federal government delivers unclaimed property to the comptroller, this state shall hold the federal government harmless from claims made by owners of the property after the delivery.
Cite this article: FindLaw.com - Texas Property Code - PROP § 74.306. Unclaimed Property Held by Federal Government - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-74-306/
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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