All money paid by a participant in connection with a participation agreement shall be deposited as received and shall be promptly invested by the board. Contributions and earnings thereon accumulated on behalf of participants in the ABLE program may be used, as provided in the participation agreement, for qualified disability expenses.
Mo. Rev. Stat. § 209.615
Deposit and investment of moneys
Effective: 28 Aug 2015; (L. 2015 S.B. 174 § 166.615)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.