GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 54.907: EXEMPTION FROM SECURITIES LAWS.

Read at publisher ↗
Where this section sits in the code
  1. EDUCATION CODE
  2. TITLE 3. HIGHER EDUCATION
  3. SUBTITLE A. HIGHER EDUCATION IN GENERAL
  4. CHAPTER 54. TUITION AND FEES
  5. SUBCHAPTER J. TEXAS ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM

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).

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.

Collected 2026-08-27T01:47:05Z. Source file · JSON

Browse this collection