Sec. 74.503.  WAIVER OF CLAIM REQUIREMENT.  The comptroller may waive the requirement of filing a claim and pay or deliver property directly to a person who does not file  a claim if:
(1)  the person receiving the property is the reported owner of the property; 
(2)  the comptroller reasonably believes the person is entitled to receive the property or payment; and
(3)  the property has a value of less than $5,000.
Added by Acts 2021, 87th Leg., R.S., Ch. 52 (H.B. 1514), Sec. 12, eff. May 18, 2021.