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    • Legislation USA
    • Iowa Code
    • Title I - STATE SOVEREIGNTY AND MANAGEMENT
    • Chapter 12I - DISABILITIES EXPENSES SAVINGS PLAN TRUST
    • Section 12I.5 - Cancellation of agreements.

    Iowa Code
    Chapter 12I - DISABILITIES EXPENSES SAVINGS PLAN TRUST
    Section 12I.5 - Cancellation of agreements.

    12I.5 Cancellation of agreements.
    An account owner may cancel a participation agreement at will. Upon cancellation of a participation agreement, an account owner shall be entitled to the return of the account owner’s account balance.
    2015 Acts, ch 137, §80, 162, 163

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    Structure Iowa Code

    Iowa Code

    Title I - STATE SOVEREIGNTY AND MANAGEMENT

    Chapter 12I - DISABILITIES EXPENSES SAVINGS PLAN TRUST

    Section 12I.1 - Purpose and definitions.

    Section 12I.2 - Creation of Iowa ABLE savings plan trust.

    Section 12I.3 - Participation agreements for trust.

    Section 12I.4 - Program and administrative funds — investment and payment.

    Section 12I.5 - Cancellation of agreements.

    Section 12I.6 - Repayment and ownership of payments and investment income — transfer of ownership rights.

    Section 12I.7 - Reports — annual audited financial report — reports under federal law.

    Section 12I.8 - Tax considerations.

    Section 12I.9 - Property rights to assets in trust.

    Section 12I.10 - Implementation as a contracting state — tax considerations.

    Section 12I.11 - Construction.

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