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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The board may provide for the receipt of payments under prepaid tuition contracts in lump sums or installment payments. If the board allows payments under a contract to be made in installments over a period longer than one year, it must provide for those payments to be made in single annual installments in addition to any other permitted installment plans.
(b) A purchaser may make payments under a prepaid tuition contract by electronic funds transfer.
(c) An employee of the state or a political subdivision of the state may make payments under a prepaid tuition contract by payroll deductions made by the appropriate officer of the state or political subdivision.
(d) The board may impose a fee for a late payment under a prepaid tuition contract.
Cite this article: FindLaw.com - Texas Education Code - EDUC § 54.626. Contract Payment - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-54-626/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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