West Virginia § 18-30A-16 Legislative rules required

West Virginia Statutes

§ 18-30A-16 — Legislative rules required

West Virginia § 18-30A-16

Ch. 18EDUCATION

Art. 30AWEST VIRGINIA JUMPSTART SAVINGS ACT

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Bluebook

W. Va. Code § 18-30A-16 (2026).

Text

Prior to the commencement of the program, the board shall promulgate legislative, procedural, or emergency rules, or any combination thereof, in accordance with the provisions of §29A-3-1et seq. of this code, that include at a minimum, the following:

(1)Requirements for any contract to be entered between the board and an account holder upon opening a Jumpstart Savings Account to ensure compliance with the requirements of this article and applicable state and federal laws;

(2)Examples of qualified expenses, as described in §18-30A-11 of this code; and

(3)Procedures for opening Jumpstart Savings Accounts, making contributions thereto, requesting distributions therefrom, and instructions for accessing any necessary forms.

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Prior to the commencement of the program, the board shall promulgate legislative, procedural, or emergency rules, or any combination thereof, in accordance with the provisions of §29A-3-1et seq. of this code, that include at a minimum, the following:

(1) Requirements for any contract to be entered between the board and an account holder upon opening a Jumpstart Savings Account to ensure compliance with the requirements of this article and applicable state and federal laws;

(2) Examples of qualified expenses, as described in §18-30A-11 of this code; and

(3) Procedures for opening Jumpstart Savings Accounts, making contributions thereto, requesting distributions therefrom, and instructions for accessing any necessary forms.