Sec. 154.307. RECOURSE OF PURCHASER OR BENEFICIARY. A purchaser's or beneficiary's sole recourse after a seller has delivered abandoned money and reported to the comptroller under Section 154.304 is to file a claim with the comptroller as provided by Chapter 74, Property Code.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 154 - Prepaid Funeral Services
Subchapter G. Abandoned Contracts
Section 154.301. Presumption of Abandonment
Section 154.302. Notice of Abandoned Money
Section 154.303. Authorization to Withdraw Money
Section 154.304. Delivery to Comptroller of Abandoned Money and Report
Section 154.305. Discharge of Contractual Obligations; Indemnity of Seller