{"data":{"id":"us-tx/tex.-education-code-54.6385","jurisdiction":"us-tx","citation":"Tex. Education Code § 54.6385","heading":"EXEMPTION FROM SECURITIES LAWS.","body":"The registration requirements of The Securities Act (Title 12, Government Code) do not apply to the sale of a prepaid tuition contract by the board or by a registered securities dealer or registered investment adviser.\nAdded by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2001, 77th Leg., ch. 1091, Sec. 4.01, eff. Sept. 1, 2001.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.07, eff. January 1, 2022.","path":["EDUCATION CODE","TITLE 3. HIGHER EDUCATION","SUBTITLE A. HIGHER EDUCATION IN GENERAL","CHAPTER 54. TUITION AND FEES","SUBCHAPTER F. PREPAID HIGHER EDUCATION TUITION PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.54.htm#54.6385","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"cbcdf770b04b81078cdae902dad0725bb1a44b8db1cbf28a559ae90b763739c4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-54.637","next":"us-tx/tex.-education-code-54.639"},"notice":"GroundRules: Original legal text. Not legal advice."}