Title 011 | Chapter 012 | Regulation 030


11 KAR 12:030.Eligibility of beneficiary and participant.

Section 1.

Beneficiary Eligibility. A beneficiary shall be a resident of any state.

Section 2.

Participant Eligibility. A participant shall be a resident of any state.

Section 3.

(1)

In order to participate in the Kentucky educational savings plan trust, a participant shall submit to the program administrator a signed participation agreement, including the valid Social Security number or federal identification number of the beneficiary and the valid Social Security number or federal identification number of the participant.

(2)

A state or local government agency or instrumentality or an organization described in 26 USC 501(c)(3) that establishes an account as part of a scholarship program shall submit to the program administrator the Social Security number of the recipient upon designation of the scholarship recipient.

Section 4.

Incorporation by Reference.

(1)

Kentucky Educational Savings Plan Trust Participation Agreement, July 2000, is incorporated by reference.

(2)

This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Kentucky Higher Education Assistance Authority, 1050 U.S. 127 South, Frankfort, Kentucky 40601, Monday through Friday, 8 a.m. to 4:30 p.m.

HISTORY: (17 Ky.R. 3571; eff. 8-2-1991; 19 Ky.R. 436; eff. 10-1-1992; 26 Ky.R. 2285; 27 Ky.R. 472; eff. 8-14-2000; 29 Ky.R. 986; eff. 12-18-2002; Crt eff. 9-28-2018.)

7-Year Expiration: 9/28/2025

Last Updated: 12/15/2021


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