If the plan is terminated, the balance of each savings trust account shall be paid to the account owner, to the extent possible, and any unclaimed assets shall escheat to the state in accordance with general law regarding unclaimed property.
Tex. Educ. Code § 54.716
EFFECT OF TERMINATION OF PLAN ON SAVINGS TRUST AGREEMENT
Added by Acts 2001, 77th Leg., ch. 1250, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.