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The University of Texas System wide Policy1. Policy: UTS162Title Disposal of Abandoned and Unclaimed Property2. Policy Sec. 1Authority. Texas Education Code Section 51.213, authorizes the Board of
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Disposal of abandoned and refers to the process of getting rid of property or assets that have been left behind or neglected by their owners.
Any individual or organization that has possession of abandoned property and wishes to dispose of it must file a disposal of abandoned and.
To fill out a disposal of abandoned and form, one must provide details about the abandoned property, the reason for disposal, and any efforts made to locate the rightful owner.
The purpose of disposal of abandoned and is to legally and ethically dispose of abandoned property while protecting the rights of the rightful owners.
Information such as description of the abandoned property, date and location of discovery, efforts made to locate the owner, and method of disposal must be reported on a disposal of abandoned and form.
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