The Commonwealth, the agencies and localities of the Commonwealth and their subdivisions, and any employer in the Commonwealth may agree, by contract or otherwise, to remit payments or contributions on behalf of an employee toward prepaid tuition contracts or savings trust accounts through payroll deductions.
1994, c. 661, § 23-38.87; 1999, cc. 485, 518; 2009, cc. 827, 845; 2016, c. 588; 2017, c. 314.
Structure Code of Virginia
Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions
Chapter 7 - Virginia College Savings Plan and ABLE Savings Trust Accounts
§ 23.1-701. Plan established; moneys; governing board
§ 23.1-702. Advisory committees to the board; membership; terms; qualifications; duties
§ 23.1-703. Chief executive officer of the Plan
§ 23.1-704. Powers and duties of the board
§ 23.1-705. Board actions not a debt of Commonwealth
§ 23.1-706. Standard of care; investment and administration of the Plan
§ 23.1-707. Prepaid tuition contracts and college and ABLE savings trust agreements
§ 23.1-707.1. Prepaid tuition contracts; pricing reserves; limitations
§ 23.1-708. Assets of the Plan exempt from taxation
§ 23.1-710. Forms and audit of accounts and records
§ 23.1-711. Admission to institutions not guaranteed; coverage limitations