Tex. Educ. Code § 54.767

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

Section 54.767 - Use of Fund Assets

The assets of the fund may be used only to:

(1) pay the costs of program administration and operations;

(2) make payments to general academic teaching institutions, two-year institutions of higher education, private or independent institutions of higher education, medical and dental units, career schools, accredited out-of-state institutions of higher education, and registered apprenticeship programs on behalf of beneficiaries; and

(3) make refunds under prepaid tuition contracts.

Tex. Educ. Code § 54.767

Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 599,Sec. 7, eff. 9/1/2021.

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 903,Sec. 12, eff. 6/10/2019.

Amended by Acts 2009, 81st Leg., R.S., Ch. 560, Sec. 7, eff. 6/19/2009.

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

See Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 599, Sec. 13.