Tex. Education Code § 54.776

This is the official text of Tex. Education Code § 54.776, part of Texas’s Education Code — governs public schools and universities in Texas.

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§ 54.776. STATEMENT REGARDING STATUS OF PREPAID TUITION CONTRACT.

Official statutory text

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.

Status: in_force · Read it on the official government site

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