003.03(J) RESOURCES.

The value of liquid resources of $25,000 or less and the value of nonliquid resources for households in the expanded resource program are not subject to verification. For households not in the expanded resource program, the value of non-excluded resources and loans are verified at the time of application and recertification when the total countable resources reported on the application are $1,500 or more. When the total countable resources reported are less than $1,500, the household’s declaration is accepted. During a certification period, an applicant must verify resources when: (1) The household has given information which makes the application appear questionable; (2) The simplified reporting household reports the receipt of a resource which may put the household over the resource limit; or (3) The simplified reporting household loses its categorical eligibility and has resources which may put the household over the resource limit.