Sec. 54.637. 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 institutions of higher education or private or independent institutions of higher education on behalf of beneficiaries; and (3) make refunds under prepaid tuition contracts. Added by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. Sept. 1, 1995.
Use of Fund Assets
Tex. Education Code § 54.637, under Chapter 54.
Tex. Education Code § 54.637