Texas Education Code

§ 54.763 — REFUND

ED § 54.763Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 54. TUITION AND FEES · Art. H. PREPAID TUITION UNIT UNDERGRADUATE EDUCATION PROGRAM: TEXAS TOMORROW FUND II

Statute text

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(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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900), Sec. 1, eff. June 15, 2007.