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Texas Unclaimed Property Owner Claim Form

Texas Unclaimed Property Owner Claim Form

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Video instructions and help with filling out and completing Texas Unclaimed Property Owner Claim Form

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Instructions and help about tx unclaimed form

Welcome to Texas' unclaimed property reporting  instructions for financial institutions. Nearly every financial institution has the potential to generate unclaimed property, so, in addition to managing and protecting customers assets, as a Texas financial institution, you must comply with the state's unclaimed property laws. This video will guide you through the  process of evaluating your procedures   and practices regarding dormant accounts  and unclaimed property reporting in Texas.  What is unclaimed property?  Unclaimed property is any financial asset or   tangible property abandoned by the owner for periods ranging from 1 to 15 years. Bank accounts, IRAs, certificates of deposit, cashier's checks, money orders; and safe deposit box contents are typical examples of unclaimed property from financial institutions. Most unclaimed tangible property reported to the state comes from financial institutions. The first step of reporting is determini

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