Md. Code Ann., Educ. § 18-19C-01
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2024
As of January 1, 2019
(a) In this subtitle the following words have the meanings indicated.
(a) In this subtitle the following words have the meanings indicated.
(b) “ABLE account” means an account described under § 529A(e) of the Internal Revenue Code.
(b) “ABLE account” means an account described under § 529A(e) of the Internal Revenue Code.
(c) “ABLE account contributor” means an individual who contributes money to an ABLE account described under § 529A(e) of the Internal Revenue Code.
(c) “ABLE account contributor” means an individual who contributes money to an ABLE account described under § 529A(e) of the Internal Revenue Code.
(d) “ABLE account holder” means an individual who has established an account described under § 529A(e) of the Internal Revenue Code and is the designated beneficiary of the account.
(d) “ABLE account holder” means an individual who is the designated beneficiary of an account described under § 529A(e) of the Internal Revenue Code.
(e) “Board” means the Maryland 529 Board established under § 18–1904 of this title.
(e) “Designated beneficiary” means an individual described in § 529A(e) of the Internal Revenue Code.
(f) “Eligible individual” means an individual described in § 529A(e) of the Internal Revenue Code.
(g) “Maryland ABLE Program” means a qualified ABLE program described in § 529A(b) of the Internal Revenue Code.
(h) “Qualified disability expenses” means expenses described in § 529A(e) of the Internal Revenue Code.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.