Tex. Educ. Code § 54.755 · Subchapter H. PREPAID TUITION UNIT UNDERGRADUATE EDUCATION PROGRAM: TEXAS TOMORROW FUND II
PREPAID TUITION CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board shall adopt a form for a prepaid tuition contract to be used by the board and purchasers.
(b) A prepaid tuition contract must:
(1) specify the terms under which the purchaser must pay any amounts owed under the contract;
(2) specify the consequences of default;
(3) specify the name and date of birth of the beneficiary under the contract and the terms under which another person may be substituted as the beneficiary;
(4) specify the date the beneficiary is projected to graduate from high school; and
(5) contain any other provisions the board considers necessary or appropriate.
(c) A prepaid tuition contract may provide for the purchase of additional tuition units in subsequent years at the then-current price of the additional units.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900), Sec. 1, eff. June 15, 2007.
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 8b0a70b2b8eed1abb6d7d7853c3860849c378a5df58b6467992ad63575cbf08c
- 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.