2019 Georgia Code
Title 30 - Handicapped Persons
Chapter 9 - Georgia Achieving a Better Life Experience (Able)
§ 30-9-3. Definitions

Universal Citation:
GA Code § 30-9-3 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
  • As used in this chapter, the term:
    • (1) "ABLE account" means an account established and owned by an eligible individual pursuant to this chapter.

    • (2) "Board" means the board of directors of the Georgia ABLE Program Corporation.

    • (3) "Corporation" means the Georgia ABLE Program Corporation created pursuant to Code Section 30-9-4.

    • (4) "Designated beneficiary" means the eligible individual who establishes an ABLE account or to whom an ABLE account is transferred.

    • (5) "Eligible individual" means an eligible individual as defined in Section 529A of the Internal Revenue Code.

    • (6) "Georgia ABLE program" or "program" means a qualified ABLE program established pursuant to this chapter.

    • (7) "Internal Revenue Code" has the meaning provided in Code Section 48-1-2.

    • (8) "Participation agreement" means the agreement between the board and an eligible individual participating in the Georgia ABLE Program Trust Fund or his or her fiduciary.

    • (9) "Qualified ABLE Program" means a program established pursuant to Section 529A of the Internal Revenue Code.

    • (10) "Qualified disability expense" means an expense as defined in Section 529A of the Internal Revenue Code.

    • (11) "Trust fund" means the Georgia ABLE Program Trust Fund.

History:

Code 1981, § 30-9-3, enacted by Ga. L. 2016, p. 588, § 1/HB 768.

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