(a) The holder required to file a property report shall keep a record of:
- (1) the name and last known address of each person who, from the records of the holder, appears to be the owner of the property;
- (2) a brief description of the property, including the identification number of the account, if any; and
- (3) the balance of each account, if appropriate.
- (b) The record must be kept until the 10th anniversary of the date on which the property is reportable.
- (c) The treasurer of the holder may provide for a shorter period for keeping a record required by this section.
Added by Acts 1997, 75th Leg., ch. 1037, Sec. 38, eff. Sept. 1, 1997.