Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 73.103 - Designation of Representative for Notice(a) The depositor of an account or the owner of the contents of a safe deposit box may designate the name and a mailing or e-mail address of a representative of the depositor or the owner only for the purpose of receiving the notice required by Section 74.1011. The depositor or owner is not required to designate a representative under this subsection.(b) The comptroller shall prescribe a form that a holder of an account or the contents of a safe deposit box may make available to a depositor of the account or owner of the contents of the box to designate a representative for notice under this section.(c) A representative for notice designated under this section does not have any rights to the account or safe deposit box and may not access the account or box.(d) The running of a period of abandonment under Section 73.101 ceases immediately if a representative designated under this section communicates to the holder that the representative knows: (1) the depositor's or owner's location; and(2) that the depositor or owner exists and has not abandoned the account or the contents of a safe deposit box.Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 925,Sec. 2, eff. 9/1/2017.