117.002 – TRANSFER OF UNCLAIMED FUNDS TO COMPTROLLER. Any
Texas Local Government Code § 117.002
Summary
This law mandates that county or district clerks transfer unclaimed funds, except cash bail bonds, to the comptroller after a specified dormancy period. It applies to funds presumed abandoned under certain property code chapters, streamlining the process without requiring court intervention.
Clerks must transfer unclaimed funds to the comptroller.
Excludes cash bail bonds from this requirement.
Dormancy period starts after final judgment or dismissal.
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In simple terms: Learn about Texas's TRANSFER OF UNCLAIMED FUNDS TO COMPTROLLER. Any law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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