Texas Codes
Tex. Prop. Code § 74.308 (2026)
Period Of Limitation Not A Bar
✓ laws through the 89th Legislature (2025)
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Sec. 74.308. PERIOD OF LIMITATION NOT A BAR. The expiration, on or after September 1, 1987, of any period specified by contract, statute, or court order, during which an action or proceeding may be initiated or enforced to obtain payment of a claim for money or recovery of property, does not prevent the money or property from being presumed abandoned property and does not affect any duty to file a report required by this chapter or to pay or deliver abandoned property to the comptroller.
Added by Acts 1987, 70th Leg., ch. 426, Sec. 5, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1037, Sec. 25, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 16.20, eff. Sept. 1, 1997.
Notes of Decisions
Cited in 2
cases, 2012–2014 · leading case: Highland Homes Ltd. v. State, 448 S.W.3d 403 (Tex. 2014).
Highland Homes Ltd. v. State, 448 S.W.3d 403 (Tex. 2014). “Tex. Prop.Code § 74.308. . Id. § 74.309. .”
State v. Highland Homes, Ltd., 417 S.W.3d 478 (Tex. App.—El Paso 2012). “But Texas has adopted a statute specifically providing that the expiration of a period of limitation on the owner’s right to receive or recover property, whether specified by contract, statute, or court order, does not prevent the property from being presumed abandoned or affect…”
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