Texas Unclaimed Property. Banks and companies make every effort to unite these assets with their rightful owners, but if they cannot after a one to five year period, the assets are turned over to the state. Then, the Comptroller’s Unclaimed Property Division works diligently to give Texas citizens back what is rightfully theirs.
“Many folks could use some extra cash right now, and we want to give Texans back their property, whether it is personal property or money that could save taxpayer dollars by going back to city and county treasuries,” says Comptroller Susan Combs.
In fiscal 2009, the Comptroller’s office returned more than $147 million, about $24 million more than in 2008. We want that figure to continue to rise, and we're working harder than ever to reunite Texans with their unclaimed property.
Claim Amounts
The average claim paid out to individuals is about $1,000. Many claims are much higher, although no one has come close to Dallas resident Winston D. Johnson, who claimed and received nearly $4.3 million in 1996.
“Many folks could use some extra cash right now, and we want to give Texans back their property, whether it is personal property or money that could save taxpayer dollars by going back to city and county treasuries,” says Comptroller Susan Combs.
In fiscal 2009, the Comptroller’s office returned more than $147 million, about $24 million more than in 2008. We want that figure to continue to rise, and we're working harder than ever to reunite Texans with their unclaimed property.
Claim Amounts
The average claim paid out to individuals is about $1,000. Many claims are much higher, although no one has come close to Dallas resident Winston D. Johnson, who claimed and received nearly $4.3 million in 1996.
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