TITLE 30
HANDICAPPED PERSONS
Section 9. Georgia Achieving a Better Life Experience (ABLE), 30-9-1 through 30-9-16.
30-9-3. Definitions.
As used in this chapter, the term:
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"ABLE account" means an account established and owned by an eligible individual pursuant to this chapter.
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"Board" means the board of directors of the Georgia ABLE Program Corporation.
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"Corporation" means the Georgia ABLE Program Corporation created pursuant to Code Section 30-9-4.
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"Designated beneficiary" means the eligible individual who establishes an ABLE account or to whom an ABLE account is transferred.
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"Eligible individual" means an eligible individual as defined in Section 529A of the Internal Revenue Code.
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"Georgia ABLE program" or "program" means a qualified ABLE program established pursuant to this chapter.
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"Internal Revenue Code" has the meaning provided in Code Section 48-1-2.
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"Participation agreement" means the agreement between the board and an eligible individual participating in the Georgia ABLE Program Trust Fund or his or her fiduciary.
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"Qualified ABLE Program" means a program established pursuant to Section 529A of the Internal Revenue Code.
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"Qualified disability expense" means an expense as defined in Section 529A of the Internal Revenue Code.
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"Trust fund" means the Georgia ABLE Program Trust Fund.
(Code 1981, §30-9-3, enacted by Ga. L. 2016, p. 588, § 1/HB 768.)