Tex. Educ. Code § 54.763

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 54.763 - Refund

(a) A prepaid tuition contract shall specify:

(1) the name of the person entitled to any refund if the contract is terminated;

(2) the terms under which a person is entitled to a refund; and

(3) the method by which the amount of the refund is computed.

(b) The person named in the contract is entitled to a refund following termination of a prepaid tuition contract.

(c) The board shall determine the method by which the amount of the refund is computed.

Tex. Educ. Code § 54.763

Added by Acts 2007, 80th Leg., R.S., Ch. 1281, Sec. 1, eff. 6/15/2007.