State of Texas – Fiscal Management

Manual of Accounts

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Fund 0881 – Unclaimed Property Security Trust Account

Inactive

This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Origin Date: 1985
Issue Date: 1996-10-01
Revised Date: 2024-09-23

Purpose


To hold securities received from property owners or heirs who are unknown or can't be located until designated period of time has elapsed for escheat to state.

Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Administering Agencies



Financial Activity


To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:


Notes


Fund no longer required. Closed September 2024.



USAS Values


USAS Title UNCLAIMED PROPERTY SECURITY TRUST ACCT
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities


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