20-25-901. Family education savings program oversight committee — membership — powers and duties

20-25-901. Family education savings program oversight committee — membership — powers and duties. (1) There is a family education savings program oversight committee under the authority of the board. (2) The committee consists of seven members appointed by the governor to staggered 4-year terms. The members must include: (a) the commissioner of insurance or the commissioner’s designee; (b) the […]

20-25-902. Board — powers and duties

20-25-902. Board — powers and duties. (1) The board shall: (a) administer, manage, promote, and market the program; (b) seek rulings and other guidance relating to the program from the United States department of the treasury and the internal revenue service; (c) administer the program in compliance with section 529 of the Internal Revenue Code, 26 U.S.C. 529, as […]