The McLennan County Treasurer's Office works to return unclaimed money to the rightful owners. Unclaimed funds may be the result of a check being returned to the county as undeliverable or a check that has not been cashed after a certain period of time. Money is considered unclaimed when it has been abandoned by the owner for 1 or more years.
The County Treasurer's Office administers the unclaimed property. Property is turned over to the Treaurer’s office annually when the owner's whereabouts are unknown and the property has been inactive on the books of the reporting agency or department for the appropriate period of time.
The County is required to report all unclaimed
or abandoned personal property exceeding $100 to the Texas State Comptroller on
an annual basis. The reports are due as of July 1st, and include balances from
March 30th of the previous year.
If the amount of unclaimed or abandoned property is less than $100, the money is kept by the county in a separate accounting fund. Amounts under $10 are not kept separate and are transferred to the County's General Fund each year.
There are specific procedures involved to ensure the money is delivered to the appropriate owner. If you have any questions concerning unclaimed funds that are being held by McLennan County, please feel free to contact the Treasurer's Office.