Indiana Statutes
§ 21-9-7-8 — Maximum account balance
Indiana·Title 21 HIGHER EDUCATION·Art. 9 EDUCATION SAVINGS PROGRAMS·Ch. 7 Indiana Family College Savings Programs
(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 under IC 4-22-2 to determine the
maximum account balance applicable to all accounts of account
beneficiaries with the same expected year of enrollment.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 21-9-7-8 (Maximum account balance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.25-1999, SEC.13. Amended by P.L.135-2002,
SEC.25; P.L.93-2024, SEC.153.
Nearby Sections
15
§ 21-12-1-1
Definitions§ 21-12-1-10
"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
"Prior learning assessment"§ 21-12-1-12
Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
"Scholarship recipient"§ 21-12-1-2
"Academic term"§ 21-12-1-3
"Academic year"§ 21-12-1-4
"Active duty"§ 21-12-1-4.5
"Adult student grant"§ 21-12-1-5
"Approved secondary school"§ 21-12-1-6
"Commission"