Property Code › Title 6 › Chapter 75 › Subchapter B

Texas Property Code § 75.102

Preservation of Property

Texas Minerals · Presumption of Abandonment

A holder of abandoned property shall preserve that property and may not by any procedure, including a deduction for service, maintenance, or other charge, transfer, convert, or reduce the property to the profits or assets of the holder.

Official text of the Texas Property Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1985, 69th Leg., ch. 230, Sec. 17, eff. Sept. 1, 1985.