2015 Oklahoma Statutes
Title 56. Poor Persons
§56-252. Purpose.

56 OK Stat § 56-252 (2015) What's This?

The purpose of the Family Savings Initiative Act is to provide for the establishment of individual development accounts designed to:

1. Provide individuals and families with limited means an opportunity to accumulate assets;

2. Facilitate and mobilize savings;

3. Promote home ownership, microenterprise development, education, saving for retirement, and automobile purchase; and

4. Stabilize families and build communities.

Added by Laws 1998, c. 429, § 2, eff. Nov. 1, 1998.

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