Unclaimed Property
Overview
Goose Creek CISD is required to report property to the Texas Comptroller for items greater than $100.
For items less than $100, GCCISD is required to track and post these items so that they may be claimed by the rightful owner.
Below you will find some information from the Texas Comptroller’s website.
For additional information, click here to go to http://www.window.state.tx.us/up/
Please click on the links listed below to view GCCISD’s listing of unclaimed property.
If you find your name or that of your business on any of the categories below,
please click this link “Request Unclaimed Property” and complete the claim form.
If you have any questions, please direct them to Unclaimed Property or call (281) 420-5186.
Category Information
General Information
- What is unclaimed property?
- Why does it come to the State?
- Unclaimed Property Statutes
- Is there a time limit for claiming my property?
What is unclaimed property?
Unclaimed Property is any financial asset that has been abandoned by the owner for three or more years.
Some examples of property that can become abandoned are:
- Dividend, payroll or cashier's checks
- Stocks, mutual fund accounts, bonds
- Utility deposits and other refunds
- Bank accounts and safe deposit box contents
- Insurance proceeds
- Mineral interest or royalty payments
- Court deposits, trust funds, escrow accounts
- Property Tax Refunds and Overpayments
Why does it come to the State?
The unclaimed property law requires financial institutions, businesses, and government entities to report to the state, personal property they are holding that is considered abandoned or unclaimed.
The Texas Comptroller of Public Accounts is responsible for administering the Texas Unclaimed Property Program.
Property is turned over to the Comptroller's office annually when the owner's whereabouts are unknown and the property has been inactive on the books of the reporting company after the appropriate abandonment period has expired.
Unclaimed Property Statutes
Title 6 of the Texas Property Code governs the State of Texas Unclaimed Property Program.
To view the statutes, go to the Texas Legislature Online Web site and select Property Code and the appropriate chapter.
Chapters 72 through 75 apply to the reporting, delivery and claims process for abandoned property. Chapter 76 applies only to unclaimed property held and reported by Texas counties, municipalities and independent school districts.
