Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 76.001 - Applicability(a) This chapter applies only to the holder of property if:(1) the holder is a:(D) junior college that has, in the manner described by Subsection (b), opted to handle property described by Subdivision (2) in accordance with this chapter; and(2) the property is: (A) presumed abandoned under Chapter 72 or 75; and(B) valued at $100 or less.(b) This chapter applies to a junior college only if the governing board of the junior college takes formal action to opt to handle property described by Subsection (a)(2) in accordance with this chapter.Amended By Acts 2011, 82nd Leg., R.S., Ch. 478, Sec. 1, eff. 6/17/2011.Amended by Acts 1999, 76th Leg., ch. 1015, Sec. 1, eff. 9/1/2000.Added by Acts 1997, 75th Leg., ch. 1037, Sec. 38, eff. 9/1/1997.