A college savings plan known as "the Minnesota college savings plan" or "the Minnesota 529 college savings plan" is established. In establishing this plan, the legislature seeks to encourage individuals to save for postsecondary education by:
(1) providing a qualified tuition plan under federal tax law; and
(2) encouraging individuals, foundations, and businesses to provide additional grants to participating students.
1997 c 183 art 2 s 12; 1Sp2001 c 1 art 3 s 2,23; 2003 c 133 art 3 s 4; 1Sp2011 c 5 art 2 s 5; 2020 c 109 art 2 s 1
Structure Minnesota Statutes
Chapters 135A - 137 — Postsecondary Education
Chapter 136G — College Savings Plan
Section 136G.01 — Plan Established.
Section 136G.03 — Definitions.
Section 136G.05 — Minnesota Office Of Higher Education.
Section 136G.07 — Investment Of Accounts.
Section 136G.09 — Plan Accounts; Generally.
Section 136G.11 — Matching Grants.