North Dakota § 54-64-04 Household eligibility - Participation

North Dakota Statutes

§ 54-64-04 — Household eligibility - Participation

North Dakota § 54-64-04

Title 54State Government

Ch. 54-64Individual Development Accounts

This text of North Dakota § 54-64-04 (Household eligibility - Participation) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 54-64-04 (2026).

Text

To be eligible for matching funds under this chapter, a household:

1.Shall sign an individual development account agreement that includes the amount of scheduled deposits into the household's individual development account, the proposed use of the funds, and the proposed savings goal;

2.Shall agree to complete an economic literacy training program and asset-specific training; and

3.At the time of application, must have an income that does not exceed two hundred percent of the federal poverty line.

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To be eligible for matching funds under this chapter, a household:
1. Shall sign an individual development account agreement that includes the amount of
scheduled deposits into the household's individual development account, the proposed
use of the funds, and the proposed savings goal;
2. Shall agree to complete an economic literacy training program and asset-specific
training; and

3. At the time of application, must have an income that does not exceed two hundred
percent of the federal poverty line.