Deposit and investment of moneys.

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Effective - 28 Aug 2015

209.615. Deposit and investment of moneys. — 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.

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(L. 2015 S.B. 174 § 166.615)


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