37-155-21 - Statement regarding status of prepaid tuition contract. - Mississippi Statutes

§ 37-155-21. Statement regarding status of prepaid tuition contract.
 

(1)  The board shall furnish without charge to each purchaser an annual statement of: 

(a) The amount paid by the purchaser under the prepaid tuition contract; 

(b) The number of years originally covered by the contract; 

(c) The number of years remaining under the contract; and 

(d) Any other information the board determines by rule is necessary or appropriate. 

(2)  The board shall furnish a statement complying with subsection (1) to a purchaser or beneficiary on written request. The board may charge a reasonable fee for each statement furnished under this subsection. 
 

Sources: Laws,  1996, ch. 427, § 11; Laws, 1999, ch. 378, § 5, eff from and after July 1, 1999.