Texas § ED.54.805 - MATCHING ACCOUNT ADMINISTRATION
Full text of Texas The Texas Constitution § ED.54.805 — MATCHING ACCOUNT ADMINISTRATION, with citation guidance and answers to common questions.
§ ED.54.805. MATCHING ACCOUNT ADMINISTRATION
MATCHING ACCOUNT ADMINISTRATION. (a) A matching account established by the board or program entity on behalf of a beneficiary under this subchapter must be accounted for separately from the beneficiary's prepaid tuition contract balance or savings trust account balance. (b) To the extent possible, money or tuition units in a beneficiary's matching account shall be used or redeemed after money is used from the beneficiary's savings trust account under Subchapter G or tuition units are redeemed from the prepaid tuition contract for the beneficiary under Subchapter H. (c) To the extent possible, the board shall include information about a matching account in the periodic statement provided to applicable account owners and purchasers under Subchapters G and H. Added by Acts 2011, 82nd Leg., R.S., Ch. 1186 (H.B. 3708 ), Sec. 3, eff. June 17, 2011.
Frequently Asked Questions About Texas § ED.54.805
What does The Texas Constitution § ED.54.805 cover?
Section ED.54.805 ("MATCHING ACCOUNT ADMINISTRATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.54.805?
A common citation format is "The Texas Constitution § ED.54.805" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.54.805 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.