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

North Dakota Statutes

§ 54-64-04 — Household eligibility - Participation

North Dakota·Title 54 State Government·Ch. 54-64 Individual Development Accounts

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.

North Dakota § 54-64-04 (Household eligibility - Participation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.