Sec. 54.711. NO PROMISE OF ADMISSION, ENROLLMENT, OR GRADUATION    


Latest version.
  • The opening or maintenance of a savings trust account does not promise or guarantee that a beneficiary of the account will:

    (1) be admitted to any eligible educational institution;

    (2) be admitted to a particular eligible educational institution;

    (3) be allowed to continue enrollment at an eligible educational institution after admission; or

    (4) receive a degree or certificate from an eligible educational institution.

Added by Acts 2001, 77th Leg., ch. 1250, Sec. 1, eff. June 15, 2001.