🏛️ What Happens to Unclaimed Money in Texas? A Look at Property Code Section 74.601

By Jonah Wilson | National Overages Finders Alliance (NOFA)“Business Is Service.”

If you've ever wondered where your money goes after a foreclosure, a probate delay, or a government auction—this one’s for you.

When someone loses property or leaves behind assets that go unclaimed, Texas law doesn’t let that money just sit in limbo. Instead, it’s delivered to the Texas Comptroller of Public Accounts, who holds it in trust. But the way that money is managed—and how you get it back—isn’t something most folks are ever taught.

Let’s break it down.

🔍 What Is Property Code Section 74.601?

Texas Property Code § 74.601 is the part of state law that explains how the state handles unclaimed money. This includes:

• Surplus proceeds from tax foreclosures

• Forgotten insurance payouts

• Dormant bank accounts

• Unclaimed inheritances

• Escheated property (property the state claims when someone dies with no known heirs)

💰 Where Does Unclaimed Money Go?

Once the money is reported to the state (usually after 3 years of no activity), the Texas Comptroller deposits it into the General Revenue Fund. That’s the fund the state uses to pay for public services like schools and highways.

But don’t panic.Even though the state is using the money in the meantime, you still have the right to claim it.

📊 How Does the State Handle This Money?

Here’s what the law says:

• The Comptroller must keep detailed records of all unclaimed money.

• If it’s not cash (like stocks or property), they must track it separately before they sell it.

• The state is allowed to invest this money, just like any wise investor would. They even earn interest on it.

Think of it this way: while your money is sitting in the state’s account, they’re not letting it collect dust—they're collecting returns.

⚠️ But Here’s the Catch...

If you wait too long to act, your money can become buried deep in state bureaucracy. Even though it’s still yours legally, tracking it down becomes harder, slower, and more frustrating the longer it sits.

And if the reported owner of the funds is a state agency or the state itself, the money may be absorbed permanently.

🧭 What This Means for You

If you’ve lost property to foreclosure, or if someone in your family passed away and you weren’t sure what they left behind, there could be money sitting with the state right now—and you wouldn’t even know it.

That’s where we come in.

At NOFA, we specialize in tracking, recovering, and releasing unclaimed funds that rightfully belong to families like yours. We don’t just check the unclaimed property database. We go behind the curtain—into court records, sale reports, and state archives—to bring your money home.

✅ How to Start

If you think the state may be holding money for you—or you’re just not sure—take 30 seconds to reach out:

📞 866-800-6632 (NOFA)📧 info@Overages.us🌐 Overages.us

We’ll run a free check, walk you through the claim process, and help you take back what’s yours.

🔒 Your Rights. Your Money. Our Mission.

Texas law allows the state to hold and invest your unclaimed funds—but it never gives the state the right to keep them forever if you step up and claim what’s yours. At NOFA, we make sure the law works for you, not against you.

You earned it. You inherited it. You deserve to reclaim it.