O.C.G.A.

O.C.G.A. § 30-9-6 (2019)

Duties of board with respect to operating a Georgia ABLE Program

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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If the board establishes a Georgia ABLE Program pursuant to Code Section 30-9-5, the board shall:

(1) Establish, implement, and maintain the program as a qualified ABLE program under Section 529A of the Internal Revenue Code;

(2) Provide for the marketing of the program and develop and provide information to eligible individuals and their families necessary to establish and maintain an ABLE account; and

(3) Make participation agreements and ABLE accounts available to eligible individuals.

History

(Code 1981, § 30-9-6, enacted by Ga. L. 2016, p. 588, § 1/HB 768.)