Revised Code of Washington
Chapter 28B.95 - Washington Advanced College Tuition Payment Program and Washington College Savings Program.
28B.95.050 - Contractual obligation—Legally binding—Use of state appropriations.

RCW 28B.95.050
Contractual obligation—Legally binding—Use of state appropriations.

The Washington advanced college tuition payment program is an essential state governmental function. Contracts with eligible participants shall be contractual obligations legally binding on the state as set forth in this chapter. If, and only if, the moneys in the account are projected to be insufficient to cover the state's contracted expenses for a given biennium, then the legislature shall appropriate to the account the amount necessary to cover such expenses.
The tuition and fees charged by an eligible institution of higher education to an eligible beneficiary for a current enrollment shall be paid by the account to the extent the beneficiary has remaining unused tuition units for the appropriate school.

[ 2000 c 14 § 4; 1997 c 289 § 5.]

Structure Revised Code of Washington

Revised Code of Washington

Title 28B - Higher Education

Chapter 28B.95 - Washington Advanced College Tuition Payment Program and Washington College Savings Program.

28B.95.010 - Washington advanced college tuition payment program—Washington college savings program—Established.

28B.95.020 - Definitions.

28B.95.025 - Offices and personnel.

28B.95.030 - Washington advanced college tuition payment program.

28B.95.032 - Washington college savings program.

28B.95.035 - Committee members—Liability.

28B.95.040 - Purchase of tuition units or establishment of savings plans by organizations—Rules—Scholarship fund.

28B.95.045 - Rollover or investment change of 529 accounts to state-sponsored plans or eligible 529 plans—Report.

28B.95.050 - Contractual obligation—Legally binding—Use of state appropriations.

28B.95.060 - Washington advanced college tuition payment program account.

28B.95.070 - Washington advanced college tuition payment program account—Powers and duties of the investment board.

28B.95.080 - Washington advanced college tuition payment program account—Actuarial soundness—Adjustment of tuition credit purchases.

28B.95.085 - Washington college savings program account—Initial cash deficit.

28B.95.087 - Washington college savings program—Investment manager's authority—Owner's investment options—Reports—Legislative review of fees and expenses—Governing body's authority.

28B.95.090 - Advanced college tuition payment program—Discontinuation—Use of units—Refunds.

28B.95.092 - Advanced college tuition payment program—Reopening—Reinvigorating the program.

28B.95.100 - Programs—Planning—Consultation with public and private entities—Cooperation.

28B.95.110 - Washington advanced college tuition payment program—Refunds.

28B.95.115 - Washington college savings program—Refunds.

28B.95.120 - Tuition units exempt from bankruptcy and enforcement of judgments.

28B.95.125 - Washington college savings program account deposits—Effect of bankruptcy filings and enforcement of judgments.

28B.95.150 - College savings program—Authorization and parameters.

28B.95.160 - GET ready for math and science scholarship program—Tuition units—Ownership and redemption.

28B.95.900 - Construction of chapter—Limitations.