Texas Statutes
§ 54.907 — EXEMPTION FROM SECURITIES LAWS.
Texas § 54.907
JurisdictionTexas
Code EDEducation Code
This text of Texas § 54.907 (EXEMPTION FROM SECURITIES LAWS.) 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. § 54.907 (2026).
Text
Sec. 54.907. EXEMPTION FROM SECURITIES LAWS. An ABLE account is not a security within the meaning of the term as defined by Section 4001.068 , Government Code, and is exempt from the provisions of The Securities Act (Title 12, Government Code).
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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.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 2.09, eff. January 1, 2022.
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 § 54.907, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/54.907.