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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A prepaid tuition contract shall specify:
(1) the name of any person who may terminate the contract; and
(2) the terms under which the contract may be terminated.
(b) A prepaid tuition contract terminates on the 10th anniversary of the date the beneficiary is projected to graduate from high school, not counting time spent by the beneficiary as an active duty member of the United States armed services.
Cite this article: FindLaw.com - Texas Education Code - EDUC § 54.631. Contract Termination - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-54-631/
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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