§11480. Rights of participants and beneficiaries to assets of the authority
Participants and beneficiaries do not have access or rights to any assets of the authority other than program fund assets credited to the account of that participant or beneficiary. An account may not be deemed a debt or obligation of the authority or of the State. [PL 1997, c. 732, §4 (NEW).]
SECTION HISTORY
PL 1997, c. 732, §4 (NEW).
Structure Maine Revised Statutes
Part 5: POST-SECONDARY EDUCATION
Chapter 417-E: MAINE EDUCATION SAVINGS PROGRAM
20-A §11472. Maine Education Savings Program
20-A §11473. Maine Education Savings Program Fund
20-A §11474. Powers of the authority
20-A §11475. Participation agreement
20-A §11476. Investment options and parameters
20-A §11477. Early termination or overfunding of participation agreement
20-A §11478. Ownership of account; transfer of ownership rights
20-A §11480. Rights of participants and beneficiaries to assets of the authority
20-A §11481. Release of information
20-A §11482. Exemption from registration
20-A §11483. Compliance with federal law