{"data":{"id":"us-tx/tex.-education-code-54.768","jurisdiction":"us-tx","citation":"Tex. Education Code § 54.768","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 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900), Sec. 1, eff. June 15, 2007.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.08, eff. January 1, 2022.","path":["EDUCATION CODE","TITLE 3. HIGHER EDUCATION","SUBTITLE A. HIGHER EDUCATION IN GENERAL","CHAPTER 54. TUITION AND FEES","SUBCHAPTER H. PREPAID TUITION UNIT UNDERGRADUATE EDUCATION PROGRAM: TEXAS TOMORROW FUND II"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.54.htm#54.768","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"0d52b7eb3862cd0ccd054df7ea9e68f89bd68c4d255ca9dce2c0ba2deead7f1f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-54.7671","next":"us-tx/tex.-education-code-54.769"},"notice":"GroundRules: Original legal text. Not legal advice."}