Tex. Educ. Code § 54.637

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 54.637 - Use of Fund Assets

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.

Tex. Educ. Code § 54.637

Added by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. 9/1/1995.