Texas § PR.74.7021 - LIMITATION PERIOD FOR EXAMINATION
Full text of Texas The Texas Constitution § PR.74.7021 — LIMITATION PERIOD FOR EXAMINATION, with citation guidance and answers to common questions.
§ PR.74.7021. LIMITATION PERIOD FOR EXAMINATION
LIMITATION PERIOD FOR EXAMINATION. (a) The comptroller or attorney general may not begin an examination relating to the reporting, payment, or delivery of property under this chapter after the seventh anniversary of the date a person filed a property report under this title. (b) The limitation provided by this section does not apply if: (1) the person has filed a false or fraudulent property report with the intent to avoid delivery of property as required by this title; (2) a property report for a period has not been filed; or (3) a court grants a petition to compel the person to submit to an examination under this chapter, deliver property, or file a property report. (c) For purposes of Subsection (b)(1), a person is presumed to have acted with intent to avoid delivery of property as required by this title if, after correction of a report, the amount of property to be delivered under this title exceeds the amount initially reported by at least 25 percent. Added by Acts 2019, 86th Leg., R.S., Ch. 897 (H.B. 3598 ), Sec. 9, eff. June 10, 2019.
Frequently Asked Questions About Texas § PR.74.7021
What does The Texas Constitution § PR.74.7021 cover?
Section PR.74.7021 ("LIMITATION PERIOD FOR EXAMINATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § PR.74.7021?
A common citation format is "The Texas Constitution § PR.74.7021" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § PR.74.7021 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.