Texas Statutes
Subchapter H. Prepaid Tuition Unit Undergraduate Education Program: Texas Tomorrow Fund Ii
Section 54.776. Statement Regarding Status of Prepaid Tuition Contract

Sec. 54.776. STATEMENT REGARDING STATUS OF PREPAID TUITION CONTRACT. Not later than January 31 of each year, the board shall provide without charge to each purchaser a statement of:
(1) the amount paid by the purchaser under the prepaid tuition contract;
(2) the total number of each type of tuition unit covered by the contract at any one time;
(3) the number of each type of tuition unit remaining under the contract;
(4) the value of the purchasers' tuition units if redeemed at any general academic teaching institution or two-year institution of higher education designated for that year by the purchaser in the time and manner required by the board, not to exceed five institutions; and
(5) any other information the board determines by rule is necessary or appropriate.
Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900), Sec. 1, eff. June 15, 2007.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 903 (H.B. 3655), Sec. 16, eff. June 10, 2019.

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