There is a newer version of the Idaho Code and Statutes
2016 Idaho Statutes
Title 56 - PUBLIC ASSISTANCE AND WELFARE
Chapter 11 - IDAHO FAMILY ASSET BUILDING INITIATIVE
Section 56-1103 - PERSONS QUALIFYING AS ACCOUNT HOLDERS.
ID Code § 56-1103 (2016) What's This?
56-1103. Persons qualifying as account holders. (1) A person who qualifies to become an account holder may enter into an agreement with a fiduciary organization for the establishment of an individual development account.
(2) A person is qualified to become an account holder if the person is a member of a low-income household.
(3) A person applying to establish an account must enroll in a personal development plan developed by the person and the fiduciary organization. The plan must provide the person with financial training and counseling, career or business planning and other services designed to increase the independence of the person and the person's household through achievement of the account's approved purpose.
History:
[56-1103, added 2002, ch. 149, sec. 1, p. 437.]
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