{"data":{"id":"us-tx/tex.-education-code-54.9085","jurisdiction":"us-tx","citation":"Tex. Education Code § 54.9085","heading":"ENCUMBRANCE OR TRANSFER OF ACCOUNT PROHIBITED.","body":"(a) An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge.\n(b) Notwithstanding Subsection (a), the state is a permissible creditor upon the death of a designated beneficiary for the purposes set forth in Section 529A, Internal Revenue Code.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 1213 (S.B. 1664), Sec. 2, eff. June 19, 2015.","path":["EDUCATION CODE","TITLE 3. HIGHER EDUCATION","SUBTITLE A. HIGHER EDUCATION IN GENERAL","CHAPTER 54. TUITION AND FEES","SUBCHAPTER J. TEXAS ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.54.htm#54.9085","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"d2df0c2c0e70368dd6d759e5fe3b76f618240e3c5fd460e49ea892b357375338","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-54.908","next":"us-tx/tex.-education-code-54.909"},"notice":"GroundRules: Original legal text. Not legal advice."}