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TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 7PREPAID HIGHER EDUCATION TUITION PROGRAM
SUBCHAPTER MTEXAS SAVE AND MATCH PROGRAM
RULE §7.165Initial Eligibility for Participation in Program Applicable to All Participants

To be initially eligible to participate in the program, a beneficiary, at the time a prepaid tuition contract is entered into on the beneficiary's behalf or a savings trust account is opened on the beneficiary's behalf, as applicable, must be:

  (1) a resident of this state; and

  (2) a dependent for purposes of Internal Revenue Code of 1986, §152, of a resident of this state.


Source Note: The provisions of this §7.165 adopted to be effective July 1, 2012, 37 TexReg 4599

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