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Tex. Property Code § 74.503

WAIVER OF CLAIM REQUIREMENT

Texas · Texas Property Code · Status: effective

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Tex. Property Code § 74.503, WAIVER OF CLAIM REQUIREMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/564429
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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.