DEFINITIONS

42.15.1001 DEFINITIONS The following definitions apply to terms used in this subchapter:

(1) "ABLE account" or "account" mean the same as "account," which is defined in 53-25-103 , MCA.

(2) "Achieving a better life experience (ABLE) program" or "program" means the same as "program," which is defined in 53-25-103 , MCA.

(3) "Contributor" means the same as the term is defined in 53-25-103 , MCA, and includes the individuals listed in ARM 42.15.1002 that have contributed to one or more accounts established under the Montana ABLE program or to a qualified program established by another state, and are eligible for a deduction to adjusted gross income under 15-30-2110

(12), MCA. Authorizing statute(s): 15-1-201 , 15-30-2620 , 53-25-118 , MCA Implementing statute(s): 53-25-104 , 53-25-117 , 53-25-118 , MCA History: NEW, 2021 MAR p. 76, Eff. 1/16/21.

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DEFINITIONS

Official source

42.15.1001 DEFINITIONS The following definitions apply to terms used in this subchapter:

(1) "ABLE account" or "account" mean the same as "account," which is defined in 53-25-103 , MCA.

(2) "Achieving a better life experience (ABLE) program" or "program" means the same as "program," which is defined in 53-25-103 , MCA.

(3) "Contributor" means the same as the term is defined in 53-25-103 , MCA, and includes the individuals listed in ARM 42.15.1002 that have contributed to one or more accounts established under the Montana ABLE program or to a qualified program established by another state, and are eligible for a deduction to adjusted gross income under 15-30-2110

(12), MCA. Authorizing statute(s): 15-1-201 , 15-30-2620 , 53-25-118 , MCA Implementing statute(s): 53-25-104 , 53-25-117 , 53-25-118 , MCA History: NEW, 2021 MAR p. 76, Eff. 1/16/21.