Tex. Education Code § 54.907
This is the official text of Tex. Education Code § 54.907, part of Texas’s Education Code — governs public schools and universities in Texas.
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§ 54.907. EXEMPTION FROM SECURITIES LAWS.
Official statutory text
An ABLE account is not a security within the meaning of the term as defined by Section 4001.068, Government Code, and is exempt from the provisions of The Securities Act (Title 12, Government Code).
Status: in_force · Read it on the official government site
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