Occupations Code § 1603.3608 — United States — Texas law | Esheria

Occupations Code § 1603.3608

If the account has less than $225,000 on January 1, the department must collect a fee from private postsecondary schools to restore it. The department also administers claims, the comptroller invests the account, money is appropriated to the department for the stated purpose, and the account cannot pay attorney’s fees,

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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claims administration fees state fund investment tuition protection account

Statute overview

About this statute

If the account has less than $225,000 on January 1, the department must collect a fee from private postsecondary schools to restore it. The department also administers claims, the comptroller invests the account, money is appropriated to the department for the stated purpose, and the account cannot pay attorney’s fees, court costs, or damages.

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