Maryland Statutes
Subtitle 19B - Maryland Broker-Dealer College Investment Plan
Section 18-19B-01 - Definitions

(a)    In this subtitle the following words have the meanings indicated.
    (b)    “Account holder” means the person who established an investment account on behalf of a qualified designated beneficiary.
    (c)    “Board” means the Maryland 529 Board established under § 18–1904 of this title.
    (d)    “Broker–Dealer Plan” means the Maryland Broker–Dealer College Investment Plan established under this subtitle.
    (e)    “Eligible educational institution” has the meaning stated in § 529(e) of the Internal Revenue Code.
    (f)    “Investment account” means an account established by an account holder under this subtitle on behalf of a qualified designated beneficiary for the purpose of applying distributions toward qualified higher education expenses at eligible educational institutions.
    (g)    “Qualified designated beneficiary” has the meaning stated in § 529(e) of the Internal Revenue Code.
    (h)    “Qualified higher education expenses” has the meaning stated in § 529(e) of the Internal Revenue Code.
    (i)    “Qualified State tuition program” has the meaning stated in § 529 of the Internal Revenue Code.

Structure Maryland Statutes