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You — yes, you — may own part of a $2 billion treasure trove held by the Texas Comptroller’s office. That’s the estimated value of unclaimed property — including over payments, co-op dividends, abandoned bank accounts, royalties and the contents of safe-deposit boxes — that state law requires the Comptroller to hold for its rightful owners.
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.
How to Find Money
Nearly a decade ago, the Comptroller’s unclaimed property hoard went online, in a database allowing anyone to search for their names and file a claim to have their funds returned. Search for yourself, your family and your friends today. See what may be owed to you. Our database is updated regularly with new property received by the Comptroller’s office.
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