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TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 7PREPAID HIGHER EDUCATION TUITION PROGRAM
SUBCHAPTER NTEXAS ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM
RULE §7.190Change of Beneficiary

(a) A request to change the beneficiary of an ABLE account to another eligible member of the family must be submitted in a format approved by the Board.

(b) The Board may charge a fee to process a change of beneficiary for an account.

(c) A change of beneficiary that satisfies Internal Revenue Code, §529A will not be treated as a distribution.


Source Note: The provisions of this §7.190 adopted to be effective September 12, 2016, 41 TexReg 7111

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