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. Added by Acts 2021, 87th Leg., R.S., Ch. 52 (H.B. 1514), Sec. 12, eff. May 18, 2021.
Waiver of Claim Requirement
Tex. Property Code § 74.503, under Report, Delivery, and Claims Process.
Tex. Property Code § 74.503