Sec. 1. In addition to any other powers granted by this article, the board has all powers necessary or convenient to carry out and effectuate the purposes and objectives of this chapter and IC 21-9-8, the purposes and objectives of an education savings program that may be established under this article, and the powers delegated […]
Sec. 1. In addition to any other powers granted by this article, the board has all powers necessary or convenient to carry out and effectuate the purposes and objectives of this chapter and IC 21-9-8, the purposes and objectives of an education savings program that may be established under this article, and the powers delegated […]
As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.22; P.L.2-2007, SEC.250; P.L.107-2012, SEC.12; P.L.205-2013, SEC.313. Repealed by P.L.70-2017, SEC.5.
As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.22; P.L.2-2007, SEC.250; P.L.107-2012, SEC.12; P.L.205-2013, SEC.313. Repealed by P.L.70-2017, SEC.5.
As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.23. Repealed by P.L.79-2017, SEC.68.
As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.23. Repealed by P.L.79-2017, SEC.68.
Sec. 4. Money deposited in an account by the account owner or a contributor and investment returns on an account are the property of the account owner. As added by P.L.165-1996, SEC.1.
Sec. 4. Money deposited in an account by the account owner or a contributor and investment returns on an account are the property of the account owner. As added by P.L.165-1996, SEC.1.
As added by P.L.25-1999, SEC.10. Repealed by P.L.135-2002, SEC.30.
As added by P.L.25-1999, SEC.10. Repealed by P.L.135-2002, SEC.30.
As added by P.L.25-1999, SEC.11. Repealed by P.L.135-2002, SEC.30.
As added by P.L.25-1999, SEC.11. Repealed by P.L.135-2002, SEC.30.
Sec. 7. Funds held in an account of an education savings program that may be established under this article may not be used by an account owner or account beneficiary as security for a loan. As added by P.L.25-1999, SEC.12. Amended by P.L.135-2002, SEC.24.
Sec. 7. Funds held in an account of an education savings program that may be established under this article may not be used by an account owner or account beneficiary as security for a loan. As added by P.L.25-1999, SEC.12. Amended by P.L.135-2002, SEC.24.
Sec. 8. (a) Contributions to an account may not exceed the amount necessary to provide for the qualified higher education expenses of the account beneficiary. (b) The authority shall adopt rules or emergency rules under IC 4-22-2 to determine the maximum account balance applicable to all accounts of account beneficiaries with the same expected year […]
Sec. 8. (a) Contributions to an account may not exceed the amount necessary to provide for the qualified higher education expenses of the account beneficiary. (b) The authority shall adopt rules or emergency rules under IC 4-22-2 to determine the maximum account balance applicable to all accounts of account beneficiaries with the same expected year […]
Sec. 9. The authority may adopt rules or emergency rules under IC 4-22-2 to establish a penalty for a distribution that is not used exclusively for the qualified higher education expenses of an account beneficiary. However, the authority may not establish a penalty for distributions described in IC 21-9-7-1(1). As added by P.L.25-1999, SEC.14. Amended […]
Sec. 9. The authority may adopt rules or emergency rules under IC 4-22-2 to establish a penalty for a distribution that is not used exclusively for the qualified higher education expenses of an account beneficiary. However, the authority may not establish a penalty for distributions described in IC 21-9-7-1(1). As added by P.L.25-1999, SEC.14. Amended […]
