Sec. 74.308. PERIOD OF LIMITATION NOT A BAR. The expiration, on or after September 1, 1987, of any period specified by contract, statute, or court order, during which an action or proceeding may be initiated or enforced to obtain payment of a claim for money or recovery of property, does not prevent the money or property from being presumed abandoned property and does not affect any duty to file a report required by this chapter or to pay or deliver abandoned property to the comptroller.
Added by Acts 1987, 70th Leg., ch. 426, Sec. 5, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1037, Sec. 25, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 16.20, eff. Sept. 1, 1997.
Structure Texas Statutes
Chapter 74 - Report, Delivery, and Claims Process
Section 74.301. Delivery of Property to Comptroller
Section 74.3011. Delivery of Money to Rural Scholarship Fund
Section 74.3012. Delivery of Money to Urban Scholarship Fund
Section 74.302. Statement of Delivered Property
Section 74.304. Responsibility After Delivery
Section 74.306. Unclaimed Property Held by Federal Government
Section 74.3061. Escheat of Funds in the Possession of the United States
Section 74.307. List of Owners; Other Public Information