<<Prev Rule

Texas Administrative Code

 Next Rule>>
TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 7PREPAID HIGHER EDUCATION TUITION PROGRAM
SUBCHAPTER LPREPAID TUITION UNIT UNDERGRADUATE EDUCATION PROGRAM: TEXAS TOMORROW FUND II
RULE §7.140Suspension of New Enrollment; Program Modification or Termination
(a) On the request of the comptroller as the comptroller considers necessary to ensure the actuarial soundness of the fund, the board may temporarily suspend new enrollment in the program.

(b) If the comptroller determines that the program is financially infeasible, the comptroller shall notify the governor and the legislature and recommend that the program be modified or terminated.

Source Note: The provisions of this §7.140 adopted to be effective August 27, 2008, 33 TexReg 6957

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page