Texas Statutes
§ 54.906 — TREATMENT OF ASSETS.
Texas § 54.906
JurisdictionTexas
Code EDEducation Code
This text of Texas § 54.906 (TREATMENT OF ASSETS.) 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. § 54.906 (2026).
Text
Sec. 54.906. TREATMENT OF ASSETS.
(a)The assets of the ABLE program shall at all times be preserved, invested, and spent only for the purposes provided by this subchapter and in accordance with the participation agreements entered into under this subchapter.
(b)Except as provided by Section 529A, Internal Revenue Code, the state does not have a property right in the assets of the ABLE program.
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Legislative History
Added by Acts 2015, 84th Leg., R.S., Ch. 1213 (S.B. 1664 ), Sec. 2, eff. June 19, 2015.
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 § 54.906, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/54.906.