Tex. Educ. Code § 54.637 · Subchapter F. PREPAID HIGHER EDUCATION TUITION PROGRAM
USE OF FUND ASSETS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The assets of the fund may be used only to:
(1) pay the costs of program administration and operations;
(2) make payments to institutions of higher education or private or independent institutions of higher education on behalf of beneficiaries; and
(3) make refunds under prepaid tuition contracts.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. Sept. 1, 1995.
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 05fd40ecb551139de45ce4b7b0fbe67025f489c9072995497daded4fa2c939df
- 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.