AGENCY RULE 21.99.04.F1 Disposition of Abandoned and Unclaimed Personal Property Approved March 28, 2016 Next Scheduled Review March 28, 2021 RULE STATEMENT Texas A&M Forest Service (TFS) will handle and dispose of abandoned and unclaimed property in accordance with Texas state law. REASON FOR RULE This rule is required by The Texas A&M University System (System) regulation 21.99.04, Disposition of Abandoned and Unclaimed Personal Property. PROCEDURES AND RESPONSIBILITIES GENERAL 1.1 Lost or found items on TFS property should be reported to the local TFS office. For items found, TFS staff will attempt to identify and notify the owner by telephone, mail, email or in person. The item will be released to the owner with proper identification and proof of ownership, except when the item is being held as evidence in a pending criminal case. 1.2 In the event the owner is not identified or the identified owner fails to retrieve the item within 90 days, the item will be deemed abandoned or unclaimed property. 1.3 Abandoned or unclaimed property coming into the possession of a TFS office will be reported to the appropriate department head or Accountable Property Officer (APO), who will ensure that the property is disposed of in accordance with TFS Administrative Procedure 30.11 Surplus Property. 1.4 Any proceeds received from the sale of abandoned and unclaimed property will be deposited into the Surplus Property account. RELATED STATUES, POLICIES AND REQUIREMENTS Texas Education Code, § 51.213, System Regulation 21.99.04, DEFINITION
AGENCY RULE 21.99.04.F1 Disposition of Abandoned and Unclaimed Personal Property Approved March 28, 2016 Next Scheduled Review March 28, 2021 RULE STATEMENT Texas A&M Forest Service (TFS) will handle and dispose of abandoned and unclaimed property in accordance with Texas state law. REASON FOR RULE This rule is required by The Texas A&M University System (System) regulation 21.99.04, Disposition of Abandoned and Unclaimed Personal Property. PROCEDURES AND RESPONSIBILITIES GENERAL 1.1 Lost or found items on TFS property should be reported to the local TFS office. For items found, TFS staff will attempt to identify and notify the owner by telephone, mail, email or in person. The item will be released to the owner with proper identification and proof of ownership, except when the item is being held as evidence in a pending criminal case. 1.2 In the event the owner is not identified or the identified owner fails to retrieve the item within 90 days, the item will be deemed abandoned or unclaimed property. 1.3 Abandoned or unclaimed property coming into the possession of a TFS office will be reported to the appropriate department head or Accountable Property Officer (APO), who will ensure that the property is disposed of in accordance with TFS Administrative Procedure 30.11 Surplus Property. 1.4 Any proceeds received from the sale of abandoned and unclaimed property will be deposited into the Surplus Property account. RELATED STATUES, POLICIES AND REQUIREMENTS Texas Education Code, § 51.213, System Regulation 21.99.04, DEFINITION