002.01(F)(ii) NON-EXCLUDED UNLICENSED VEHICLES.
The equity value of non-excluded unlicensed vehicles is applied to the household’s resource limit. The equity value is the fair market value of the vehicle minus encumbrances.
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The equity value of non-excluded unlicensed vehicles is applied to the household’s resource limit. The equity value is the fair market value of the vehicle minus encumbrances.