programsUnclaimed Property

Tangible Property

Tangible property must be reported electronically. Reports are due on July 1 of every year.

Reports should include safe deposit box contents that have remained unclaimed by the owners for five years. Safekeeping properties, loan collateral and any other tangible properties not held in safe deposit boxes should be reported after remaining unclaimed for three years.

The three or five-year abandonment periods commence on the date of last contact with the property owners.

The report must include the names and addresses of the missing owners, the total value of all U.S. cash and the box number or safekeeping receipt number. Be sure to include an accurate email address with the report.

The property should not be shipped with the July 1 report. We will assign a shipping date for the property, and the notice will be emailed to you approximately 30 days before the scheduled date.

Abandonment Period for Safe Deposit Box Contents
PropertyCalculating Abandonment
Safe Deposit Box Contents Five (5) years from the expiration date of the last rental payment (i.e., the rental payment then due went unpaid).
Unclaimed Loan Collateral Three (3) years from the date the loans were paid in full, and the collateral was available for return to the borrowers.
Safekeeping Properties Three (3) years from the date of last contact with the property owners.

If the owners have other active accounts with an institution, or there is other evidence of contact, their property is not reported as unclaimed, even though the abandonment criteria have been met.

Property Inventory

All boxes should be drilled and inventoried prior to preparing the holder report.

The property of each owner must be packaged in an envelope with the property owner’s name and the box number (or safekeeping receipt num­ber) printed clearly on the outside of the envelope.

Print and complete the Form 53-127, Unclaimed Property Standardized Inventory Sheet (PDF), by entering the quantity of items in the categories listed below. Staple the sheet to the outside of the envelope.

Guidelines for the Unclaimed Property Standardized Inventory Sheet
Category Guidelines
Papers Do not itemize papers of no value. 
Military Discharge Papers and Wills Military discharge papers and wills should be signed originals.
U.S. Cash Include the face value of all U.S. coins and currency in the box or safekeeping envelope. Do not send checks in place of actual cash. Do not run coins through a counting machine. 
Foreign Coins Country of origin or face value is not required. 
Foreign Currency Country of origin or face value is not required. 
Rings The description of each item is not required. 
Bracelets The description of each item is not required. 
Necklaces/Pendants The description of each item is not required. 
Earrings The description of each item is not required. 
Pins The description of each item is not required. 
Wrist Watches /Pocket Watches The description of each item is not required. 
Savings Bonds Include the face value and a quantity of all bonds in the box. 
Securities Securities include stock certificates, interest coupons, etc. When describing securities-related properties, include the registered owners’ names and names of the security issuers.
Firearms Contact the local law enforcement agency if firearms are found in a safe deposit box. Firearms must not be sent to the Comptroller’s office until police have unloaded the weapons. 
Ammunition /Controlled Substances Do not send these items to the Comptroller’s office. Contact the local law enforcement agency if ammunition or controlled substances are found in a safe deposit box and they will confiscate those items. Include a letter with the inventory sheets, explaining that those items were found but turned over to your local law enforcement agency. 
Miscellaneous Items Include a brief description of any items that do not fall into the above categories.

Shipping

You will receive an email with your scheduled shipping date approximately 30 days in advance. This email will include the Safebox System Inventory, which is a list of items to be shipped to us.

If property is reported from a central location, it must be sent as a single shipment. The shipment may include multiple containers.

Complete and include Form 53-129, Safe Deposit Box Remittance (PDF).

Print the Safebox System Inventory received with the shipping notification. This is your packing slip.

When packaging items for shipment:

  • Initial each property on the Safebox System Inventory as it is packed in the shipping container.
  • Pack the properties in same order as listed on the inventory.
  • Do not include property that is not on the Safebox System Inventory.
  • If any property on the inventory is not included in the shipment, note the reason.
  • If any property includes $1,000.00 or more in U.S. cash, highlight the property on the inventory.
  • Fragile or delicate items must be packaged carefully.
  • Number each container and include the total number of containers in the label. (e.g. 1 of 5)
  • Place the Safe Deposit Box Remittance and the Safebox System Inventory inside the top of shipping container number one.

All containers must be shipped using a courier service. Do not use the United States Postal Service.

All shipments must require a signature upon delivery.

Ship packages to:

Texas Comptroller of Public Accounts
Unclaimed Property
208 E. 10th St., Room 232-A
Austin, Texas 78701-2407

Send an email with the tracking information to unclaimed.auction@cpa.texas.gov.