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Unclaimed Property Annual Notification

Overview

Applicable to

State agencies and institutions of higher education

Summary

Unclaimed property turned over to the state includes property that may belong to state agencies or institutions of higher education. If agencies and institutions do not claim property after an annual notification, the Comptroller’s office deposits the money into unappropriated General Revenue (GR).

Agencies and institutions are encouraged to contact the Comptroller’s Unclaimed Property Division or search ClaimItTexas.gov regularly for assets (see Claiming Property for more). When inquiring about unclaimed property, it is important to try variations on the agency name as the database reflects how the money was reported, which may not be the official agency name (see Tips for Searching Property for more).

Legal citation

Property Code Section 74.601 (g)