Effective: September 29, 2005
Latest Legislation: House Bill 66 - 126th General Assembly
(A) The right of a person to a tuition unit or a payment under section 3334.09 of the Revised Code pursuant to a tuition payment contract, a scholarship program, or a variable college savings program account shall not be subject to execution, garnishment, attachment, the operation of bankruptcy or the insolvency laws, or other process of law.
(B) The right of a person to a tuition unit or a payment under section 3334.09 of the Revised Code pursuant to a tuition payment contract, a scholarship program, or a variable college savings program account shall not be used as security or collateral for a loan.
Structure Ohio Revised Code
Title 33 | Education-Libraries
Chapter 3334 | College Savings Program; Variable College Savings Program
Section 3334.01 | College Savings Program - Variable College Savings Program Definitions.
Section 3334.02 | Establishment of College Savings and Variable College Savings Programs.
Section 3334.03 | Ohio Tuition Trust Authority.
Section 3334.04 | College Savings Bonds.
Section 3334.06 | Plan for Sale of Bonds - Approval of Sale - Cooperation With Issuing Authorities.
Section 3334.07 | Plan for Sale of Tuition Credits - Price of Credit - Incentive Programs.
Section 3334.08 | Trust Authority Powers.
Section 3334.09 | Tuition Payment Contracts.
Section 3334.10 | Termination of Contract - Determination and Payment of Refunds.
Section 3334.11 | Ohio Tuition Trust Fund.
Section 3334.15 | Credit or Payment Exemptions - Use as Security or Collateral for Loan.
Section 3334.16 | Exemption From Federal Tax Liability.
Section 3334.17 | Scholarship Programs to Award Scholarships Consisting of Tuition Credits.
Section 3334.18 | Variable College Savings Program Contracts.
Section 3334.19 | Adopting Investment Plan.
Section 3334.20 | Interim Investment Periods.
Section 3334.21 | Termination of Variable College Savings Program.