Texas Statutes
§ 54.770 — ACTUARIAL SOUNDNESS OF FUND.
Texas § 54.770
JurisdictionTexas
Code EDEducation Code
This text of Texas § 54.770 (ACTUARIAL SOUNDNESS OF FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Education Code Code Ann. § 54.770 (2026).
Text
Sec. 54.770. ACTUARIAL SOUNDNESS OF FUND.
(a)The board shall administer the fund in a manner that is sufficiently actuarially sound to pay the costs of program administration and operations and to meet the obligations of the program.
(b)The board shall annually evaluate the actuarial soundness of the fund.
(c)The board may adjust the terms of subsequent prepaid tuition contracts as necessary to ensure the actuarial soundness of the fund.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900 ), Sec. 1, eff. June 15, 2007.
Nearby Sections
15
§ 54.001
DEFINITIONS.§ 54.002
APPLICABILITY OF CHAPTER.§ 54.004
RETENTION AND USE OF FUNDS.§ 54.005
RIGHT TO COLLECT SPECIAL FEES.§ 54.006
REFUND OR ADJUSTMENT OF TUITION AND MANDATORY FEES FOR DROPPED COURSES AND STUDENT WITHDRAWALS.§ 54.0071
AUTHORITY OF INSTITUTION TO PROVIDE PAYMENT OPTIONS FOR STUDENT WITH DELAYED FINANCIAL AID.§ 54.010
REDUCTION IN TUITION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 54.770, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/54.770.