{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/23.1-711.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/23.1-711.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/23.1-711.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/23.1-711.html"}],"law_id":82160,"edition_id":1,"section_id":82160,"structure_id":13113,"section_number":"23.1-711","catch_line":"Admission to institutions not guaranteed; coverage limitations","history":"1994, c. 661, \u00a7 23-38.86; 1999, cc. 485, 518; 2016, c. 588; 2019, cc. 803, 804.","full_text":"Nothing in this chapter or in any prepaid tuition contract or savings trust agreement entered into pursuant to this chapter shall be construed as a promise or guarantee:\n\n1\n\nBy the board or the Commonwealth of any admission to, continued enrollment at, or graduation from any public institution of higher education;2\n\nThat the beneficiary&#8217;s cost of tuition at an institution of higher education will be covered in full by the proceeds of the beneficiary&#8217;s prepaid tuition contract, provided, however, that a prepaid tuition contract will cover that portion of tuition that is required under the terms of any such contract based on the tuition prepayments made; or3\n\nThat any qualified higher education expense will be covered in full by contributions to or earnings on any savings trust account.","order_by":null,"text":{"0":{"id":294505,"text":"Nothing in this chapter or in any prepaid tuition contract or savings trust agreement entered into pursuant to this chapter shall be construed as a promise or guarantee:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":294506,"text":"By the board or the Commonwealth of any admission to, continued enrollment at, or graduation from any public institution of higher education;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":294507,"text":"That the beneficiary&#8217;s cost of tuition at an institution of higher education will be covered in full by the proceeds of the beneficiary&#8217;s prepaid tuition contract, provided, however, that a prepaid tuition contract will cover that portion of tuition that is required under the terms of any such contract based on the tuition prepayments made; or","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":294508,"text":"That any qualified higher education expense will be covered in full by contributions to or earnings on any savings trust account.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2"}},"ancestry":[{"id":13113,"edition_id":1,"name":"Commonwealth Savers Plan and Able Savings Trust Accounts","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":13112,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":185235,"object_type":"structure","relational_id":13113,"identifier":"7","token":"23.1\/II\/7","url":"\/23.1\/II\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13112,"edition_id":1,"name":"Students and Campus","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":13111,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":184847,"object_type":"structure","relational_id":13112,"identifier":"II","token":"23.1\/II","url":"\/23.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13111,"edition_id":1,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":184581,"object_type":"structure","relational_id":13111,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":66160,"structure_id":13113,"section_number":"23.1-700","catch_line":"Definitions","url":"\/23.1-700\/","token":"23.1\/II\/7\/23.1-700","metadata":false},{"id":78668,"structure_id":13113,"section_number":"23.1-701","catch_line":"Plan established; moneys; governing board","url":"\/23.1-701\/","token":"23.1\/II\/7\/23.1-701","metadata":false},{"id":64579,"structure_id":13113,"section_number":"23.1-702","catch_line":"Advisory committees to the board; membership; terms; qualifications; duties","url":"\/23.1-702\/","token":"23.1\/II\/7\/23.1-702","metadata":false},{"id":86791,"structure_id":13113,"section_number":"23.1-703","catch_line":"Chief executive officer of the Plan","url":"\/23.1-703\/","token":"23.1\/II\/7\/23.1-703","metadata":false},{"id":86977,"structure_id":13113,"section_number":"23.1-704","catch_line":"Powers and duties of the board","url":"\/23.1-704\/","token":"23.1\/II\/7\/23.1-704","metadata":false},{"id":77185,"structure_id":13113,"section_number":"23.1-705","catch_line":"Board actions not a debt of Commonwealth","url":"\/23.1-705\/","token":"23.1\/II\/7\/23.1-705","metadata":false},{"id":72372,"structure_id":13113,"section_number":"23.1-706","catch_line":"Standard of care; investment and administration of the Plan","url":"\/23.1-706\/","token":"23.1\/II\/7\/23.1-706","metadata":false},{"id":57132,"structure_id":13113,"section_number":"23.1-707","catch_line":"Prepaid tuition contracts and college and ABLE savings trust agreements","url":"\/23.1-707\/","token":"23.1\/II\/7\/23.1-707","metadata":false},{"id":54148,"structure_id":13113,"section_number":"23.1-707.1","catch_line":"Prepaid tuition contracts; pricing reserves; limitations","url":"\/23.1-707.1\/","token":"23.1\/II\/7\/23.1-707.1","metadata":false},{"id":62682,"structure_id":13113,"section_number":"23.1-708","catch_line":"Assets of the Plan exempt from taxation","url":"\/23.1-708\/","token":"23.1\/II\/7\/23.1-708","metadata":false},{"id":77258,"structure_id":13113,"section_number":"23.1-709","catch_line":"Annual report","url":"\/23.1-709\/","token":"23.1\/II\/7\/23.1-709","metadata":false},{"id":74025,"structure_id":13113,"section_number":"23.1-710","catch_line":"Forms and audit of accounts and records","url":"\/23.1-710\/","token":"23.1\/II\/7\/23.1-710","metadata":false},{"id":82160,"structure_id":13113,"section_number":"23.1-711","catch_line":"Admission to institutions not guaranteed; coverage limitations","url":"\/23.1-711\/","token":"23.1\/II\/7\/23.1-711","metadata":false},{"id":72325,"structure_id":13113,"section_number":"23.1-712","catch_line":"Payroll deductions","url":"\/23.1-712\/","token":"23.1\/II\/7\/23.1-712","metadata":false},{"id":84958,"structure_id":13113,"section_number":"23.1-713","catch_line":"Liberal construction of chapter","url":"\/23.1-713\/","token":"23.1\/II\/7\/23.1-713","metadata":false}],"previous_section":{"id":74025,"structure_id":13113,"section_number":"23.1-710","catch_line":"Forms and audit of accounts and records","url":"\/23.1-710\/","token":"23.1\/II\/7\/23.1-710","metadata":false},"next_section":{"id":72325,"structure_id":13113,"section_number":"23.1-712","catch_line":"Payroll deductions","url":"\/23.1-712\/","token":"23.1\/II\/7\/23.1-712","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-711\/","history_text":"<p>This law was first created in 1994. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?941+ful+CHAP0661\">661<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1999, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?991+ful+CHAP0485\">485<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?991+ful+CHAP0518\">518<\/a>; in 2016, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?161+ful+CHAP0588\">588<\/a>; in 2019, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0803\">803<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0804\">804<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":185285,"object_type":"law","relational_id":82160,"identifier":"23.1-711","token":"23.1\/II\/7\/23.1-711","url":"\/23.1-711\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/23.1-711\/","token":"23.1\/II\/7\/23.1-711","dublin_core":{"Title":"Admission to institutions not guaranteed; coverage limitations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-711","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Nothing in this chapter or in any <span class=\"dictionary\">prepaid tuition contract<\/span> or <span class=\"dictionary\">savings trust agreement<\/span> entered into pursuant to this chapter shall be construed as a promise or guarantee:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> By the <span class=\"dictionary\">board<\/span> or the Commonwealth of any admission to, continued enrollment at, or graduation from any <span class=\"dictionary\">public institution of higher education<\/span>; <a id=\"paragraph-294506\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/23.1-711\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> That the <span class=\"dictionary\">beneficiary<\/span>&#8217;s cost of tuition at an institution of higher education will be covered in full by the proceeds of the <span class=\"dictionary\">beneficiary<\/span>&#8217;s <span class=\"dictionary\">prepaid tuition contract<\/span>, provided, however, that a <span class=\"dictionary\">prepaid tuition contract<\/span> will cover that portion of tuition that is required under the terms of any such contract based on the tuition prepayments made; or <a id=\"paragraph-294507\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/23.1-711\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"3\"><p><span class=\"prefix-number\">3.<\/span> That any qualified higher education expense will be covered in full by contributions to or earnings on any <span class=\"dictionary\">savings trust account<\/span>. <a id=\"paragraph-294508\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/23.1-711\/#3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nADMISSION TO INSTITUTIONS NOT GUARANTEED; COVERAGE LIMITATIONS (\u00a7 23.1-711)\n\nNothing in this chapter or in any prepaid tuition contract or savings trust\nagreement entered into pursuant to this chapter shall be construed as a promise\nor guarantee:\n\n1. By the board or the Commonwealth of any admission to, continued enrollment\nat, or graduation from any public institution of higher education;\n\n2. That the beneficiary&#8217;s cost of tuition at an institution of higher\neducation will be covered in full by the proceeds of the beneficiary&#8217;s\nprepaid tuition contract, provided, however, that a prepaid tuition contract\nwill cover that portion of tuition that is required under the terms of any such\ncontract based on the tuition prepayments made; or\n\n3. That any qualified higher education expense will be covered in full by\ncontributions to or earnings on any savings trust account.\n\nHISTORY: 1994, c. 661, \u00a7 23-38.86; 1999, cc. 485, 518; 2016, c. 588; 2019, cc.\n803, 804.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}