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2023 Indiana Code
Title 21. Higher Education
Article 9. Education Savings Programs
Chapter 7. Indiana Family College Savings Programs
21-9-7-8. Maximum Account Balance
Universal Citation:
IN Code § 21-9-7-8 (2023)
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Sec. 8. (a) Contributions to an account may not exceed the amount necessary to provide for the qualified higher education expenses of the account beneficiary.
(b) The authority shall adopt rules or emergency rules under IC 4-22-2 to determine the maximum account balance applicable to all accounts of account beneficiaries with the same expected year of enrollment.
As added by P.L.25-1999, SEC.13. Amended by P.L.135-2002, SEC.25.
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