§ 37-155-101. Short title
This article shall be known and may be cited as the “Mississippi Affordable College Savings Program.”
§ 37-155-103. Declaration of purpose
The following are the purposes of this article: To provide a program of savings trust agreements to apply distributions toward qualified higher education expenses at eligible educational institutions, as defined in Section 529 of the Internal Revenue Code, as amended, or other applicable federal law. To provide for the creation of a trust fund, as […]
§ 37-155-105. Definitions
As used in this article, the following words and phrases have the meanings ascribed in this section unless the context clearly indicates otherwise: “MACS Program” means the Mississippi Affordable College Savings Program established under this article. “MACS Trust Fund” means a special fund in the State Treasury established under Section 37-155-111, and administered by the […]