Tex. Educ. Code § 54.6261 · Subchapter F. PREPAID HIGHER EDUCATION TUITION PROGRAM
DEFERRED USE OF PREPAID CREDIT HOURS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A prepaid tuition contract must permit the beneficiary to elect to pay from another source the beneficiary's tuition and required fees for some or all of the semester credit hours to which the beneficiary is entitled to payment under the contract, and to defer to a subsequent semester or term the right to payment of the beneficiary's tuition and required fees for the number of semester credit hours remaining under the contract. The beneficiary is responsible for payment of the amount of tuition and required fees for the number of semester credit hours that the beneficiary elects not to pay under the contract.
(b) This section does not affect the date on which a prepaid tuition contract terminates under this subchapter and does not give the beneficiary the right to any payment under the contract after termination of the contract.
Notes and commentary — not statutory text
History
Added by Acts 1997, 75th Leg., ch. 522, Sec. 3, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.54.htm
- Text hash
- sha256 090d71066f19f60f0cca2a20789c5f3ea9612dfaa44bcf0aa7624a0eb6ad36cc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.