Chapter 177

CHAPTER 177

UNIFORM UNCLAIMED PROPERTY ACT

SUBCHAPTER I

GENERAL PROVISIONS

177.001   Short title.

177.01   Definitions.

177.015   Inapplicability to foreign transactions and other exemptions.

177.016   Rules.

SUBCHAPTER II

PRESUMPTION OF ABANDONMENT

177.0201   When property presumed abandoned.

177.0202   When tax-deferred and tax-exempt retirement accounts presumed abandoned.

177.0203   When other tax-deferred account presumed abandoned.

177.0204   When custodial account for a minor presumed abandoned.

177.0205   When contents of safe deposit box presumed abandoned.

177.0206   When U.S. savings bonds presumed abandoned.

177.0207   When security presumed abandoned.

177.0208   When related property presumed abandoned.

177.0209   Proceeds from sale of property in self-service storage facility.

177.0210   Indication of apparent owner interest in property.

177.0211   Knowledge of death of insured or annuitant.

177.0212   Deposit account for proceeds of insurance policy or annuity contract.

177.0213   Property held by agents and fiduciaries.

177.0214   Distributions by certain insurance company activities.

177.0215   Refunds held by business associations.

SUBCHAPTER III

TAKING CUSTODY OF PROPERTY
PRESUMED ABANDONED

177.0301   Address of apparent owner to establish priority.

177.0302   Address of apparent owner in this state.

177.0303   If records show multiple addresses of apparent owner.

177.0304   Holder domiciled in this state.

177.0305   Custody if transaction took place in this state.

177.0306   Traveler’s check, money order, or similar instrument.

177.0307   Virtual currency.

177.0308   Hazardous or dangerous items found in safe deposit box.

SUBCHAPTER IV

REPORT BY HOLDER

177.0401   Report required by holder.

177.0402   Content of report.

177.0403   When report to be filed.

177.0404   Retention of records by holder.

177.0405   Property reportable and payable or deliverable absent owner demand.

177.0406   Negative reporting.

SUBCHAPTER V

NOTICE TO APPARENT OWNER OF
PROPERTY PRESUMED ABANDONED

177.0501   Notice to apparent owner by holder.

177.0502   Contents of notice by holder.

177.0503   Notice by administrator.

177.0504   Cooperation among state officers and agencies to locate apparent owners.

177.0505   Tax return identification of apparent owners.

SUBCHAPTER VI

TAKING CUSTODY OF PROPERTY
BY ADMINISTRATOR

177.0601   Definition of good faith.

177.0602   Dormancy charge.

177.0603   Payment or delivery of property to administrator.

177.0604   Effect of payment or delivery of property to administrator.

177.0605   Recovery of property by holder from administrator.

177.0606   Property removed from safe deposit box.

177.0607   Income, interest, or gain while in the administrator’s custody.