Volume 799, Page 2758 View pdf image |
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Ch. 382 2003 LAWS OF MARYLAND (2) Dies or suffers from a disability which prevents the beneficiary from (c) (1) A [discounted] REDUCED refund of the contributions made to the (i) The beneficiary does not attend an institution of higher (ii) Benefits are not exercised under the contract within a time (iii) The prepaid contract is canceled by the [purchaser] ACCOUNT (2) The time that a qualified beneficiary spends in active duty as a 18-1911. The Board, [Program] TRUST, and prepaid contracts issued under this subtitle 18-1912. The assets and income of the [Program] TRUST are exempt from State and local 18-1913. (A) IN THIS SECTION, "PERSON" DOES NOT INCLUDE THE STATE. (B) A person may not attach, execute, garnish, or otherwise seize any current 18-1916. (a) (1) The Legislative Auditor shall audit the [Program] TRUST as (2) The Board shall cause an audit of the [Program] TRUST to be made (3) The Board shall pay for the audit required under paragraph (2) of (b) (1) Within 90 days after the close of each fiscal year, the Board shall (i) The audit of the outside independent auditor; (ii) A financial accounting of the [Program] TRUST, including: - 2758 -
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Volume 799, Page 2758 View pdf image |
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