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Court approves participation in annual unclaimed capital credits allocation

3846874 · May 19, 2025
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Summary

The commissioners approved participation in the annual unclaimed capital credits allocation under Texas Property Code Section 74.602 as a routine finance item for the county.

Anderson County Commissioners approved participation in the annual unclaimed capital credits allocation authorized by Section 74.602 of the Texas Property Code.

County staff described the item as the regular annual action required to participate in the unclaimed property capital credits program administered by the state comptroller. Commissioner Chapin moved to approve; Commissioner Hill seconded. The motion passed by voice vote and was recorded as "so ordered."

No dollar amounts related to the allocation were discussed at the meeting; staff indicated participation is routine and part of annual unclaimed property procedures.