Revised Code of Washington
Chapter 28B.95 - Washington Advanced College Tuition Payment Program and Washington College Savings Program.
28B.95.045 - Rollover or investment change of 529 accounts to state-sponsored plans or eligible 529 plans—Report.

RCW 28B.95.045
Rollover or investment change of 529 accounts to state-sponsored plans or eligible 529 plans—Report.

(1) The committee shall create an expedited process by which owners can complete a direct rollover or investment change of a 529 account from a:
(a) State-sponsored prepaid tuition plan to a state-sponsored college savings plan;
(b) State-sponsored college savings plan to a state-sponsored prepaid tuition plan; or
(c) State-sponsored prepaid tuition plan or a state-sponsored college savings plan to an out-of-state eligible 529 plan.
(2) The committee shall report annually to the governor and the appropriate committees of the legislature on (a) the number of accounts that have been rolled into the Washington college savings program from out of state and (b) the number of accounts rolled out of the Washington college savings program to 529 plans into other states.

[ 2018 c 188 § 3; 2016 c 69 § 6.]
NOTES:

Effective date—2018 c 188: See note following RCW 28B.95.030.

Structure Revised Code of Washington

Revised Code of Washington

Title 28B - Higher Education

Chapter 28B.95 - Washington Advanced College Tuition Payment Program and Washington College Savings Program.

28B.95.010 - Washington advanced college tuition payment program—Washington college savings program—Established.

28B.95.020 - Definitions.

28B.95.025 - Offices and personnel.

28B.95.030 - Washington advanced college tuition payment program.

28B.95.032 - Washington college savings program.

28B.95.035 - Committee members—Liability.

28B.95.040 - Purchase of tuition units or establishment of savings plans by organizations—Rules—Scholarship fund.

28B.95.045 - Rollover or investment change of 529 accounts to state-sponsored plans or eligible 529 plans—Report.

28B.95.050 - Contractual obligation—Legally binding—Use of state appropriations.

28B.95.060 - Washington advanced college tuition payment program account.

28B.95.070 - Washington advanced college tuition payment program account—Powers and duties of the investment board.

28B.95.080 - Washington advanced college tuition payment program account—Actuarial soundness—Adjustment of tuition credit purchases.

28B.95.085 - Washington college savings program account—Initial cash deficit.

28B.95.087 - Washington college savings program—Investment manager's authority—Owner's investment options—Reports—Legislative review of fees and expenses—Governing body's authority.

28B.95.090 - Advanced college tuition payment program—Discontinuation—Use of units—Refunds.

28B.95.092 - Advanced college tuition payment program—Reopening—Reinvigorating the program.

28B.95.100 - Programs—Planning—Consultation with public and private entities—Cooperation.

28B.95.110 - Washington advanced college tuition payment program—Refunds.

28B.95.115 - Washington college savings program—Refunds.

28B.95.120 - Tuition units exempt from bankruptcy and enforcement of judgments.

28B.95.125 - Washington college savings program account deposits—Effect of bankruptcy filings and enforcement of judgments.

28B.95.150 - College savings program—Authorization and parameters.

28B.95.160 - GET ready for math and science scholarship program—Tuition units—Ownership and redemption.

28B.95.900 - Construction of chapter—Limitations.