Sec. 54.637.  USE OF FUND ASSETS.  The assets of the fund may be used only to:
(1)  pay the costs of program administration and operations;
(2)  make payments to institutions of higher education or private or independent institutions of higher education on behalf of beneficiaries;  and
(3)  make refunds under prepaid tuition contracts.
Added by Acts 1995, 74th Leg., ch. 1032, Sec. 1, eff. Sept. 1, 1995.