Texas Statutes
Subchapter H. Prepaid Tuition Unit Undergraduate Education Program: Texas Tomorrow Fund Ii
Section 54.775. Confidentiality

Sec. 54.775. CONFIDENTIALITY. (a) Records in the custody of the board relating to the participation of specific purchasers and beneficiaries in the program are confidential.
(b) Notwithstanding Subsection (a), the board may release information described by that subsection to a general academic teaching institution, two-year institution of higher education, private or independent institution of higher education, medical and dental unit, career school, accredited out-of-state institution of higher education, or registered apprenticeship program at which a beneficiary may enroll or is enrolled. The institution, unit, school, or program shall keep the information confidential.
(c) Notwithstanding any other provision of this subchapter, the board may release information to the Internal Revenue Service and to any state tax agencies as required by applicable tax law.
Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900), Sec. 1, eff. June 15, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 560 (S.B. 1941), Sec. 11, eff. June 19, 2009.
Acts 2019, 86th Leg., R.S., Ch. 903 (H.B. 3655), Sec. 15, eff. June 10, 2019.
Acts 2021, 87th Leg., R.S., Ch. 599 (S.B. 1094), Sec. 10, eff. September 1, 2021.

Structure Texas Statutes

Texas Statutes

Education Code

Title 3 - Higher Education

Subtitle A - Higher Education in General

Chapter 54 - Tuition and Fees

Subchapter H. Prepaid Tuition Unit Undergraduate Education Program: Texas Tomorrow Fund Ii

Section 54.751. Definitions

Section 54.752. Powers and Duties of Board Concerning Program

Section 54.753. Prepaid Tuition Units: Purchase; Assigned Value; Types; Price

Section 54.754. Redemption of Tuition Units

Section 54.755. Prepaid Tuition Contract

Section 54.756. Purchaser; Beneficiary

Section 54.757. Contract Payment

Section 54.758. Deferred Use of Prepaid Credit Hours

Section 54.759. Change of Beneficiary

Section 54.760. Verification Under Oath

Section 54.761. Promise or Guarantee of Admission

Section 54.762. Contract Termination

Section 54.763. Refund

Section 54.764. Fund

Section 54.765. Comptroller's Duties; Transfers to Institutions on Redemption of Tuition Units

Section 54.766. Investment of Fund Assets

Section 54.767. Use of Fund Assets

Section 54.7671. Transfers Among 529 Plans

Section 54.768. Exemption From Securities Laws

Section 54.769. Exemption From Creditors' Claims

Section 54.770. Actuarial Soundness of Fund

Section 54.771. Compliance With Limits on Contributions and Withdrawals

Section 54.772. Tax Exempt Status Requirements

Section 54.773. Suspension of New Enrollment; Program Modification or Termination

Section 54.774. Effect of Program Termination on Contract

Section 54.775. Confidentiality

Section 54.776. Statement Regarding Status of Prepaid Tuition Contract

Section 54.777. Information Required for Annual Report

Section 54.778. Audit