Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 54.641 - Statement Regarding Status of Prepaid Tuition Contract(a) Not later than January 31 of each year, the board shall furnish without charge to each purchaser a statement of:(1) the amount paid by the purchaser under the prepaid tuition contract;(2) the number of credit hours originally covered by the contract;(3) the number of credit hours remaining under the contract; and(4) any other information the board determines by rule is necessary or appropriate.(b) The board shall furnish a statement complying with Subsection (a) to a purchaser or beneficiary on written request. The board may charge a reasonable fee for each statement furnished under this subsection.Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 903,Sec. 3, eff. 6/10/2019.Amended by Acts 1997, 75th Leg., ch. 522, Sec. 9, eff. 9/1/1997.Added by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. 9/1/1995.