§ 16-57-6.7. Construction.
This chapter shall be liberally construed in order to effectuate the purposes and intent of this chapter. It is intended that the tuition savings program established pursuant to this chapter qualify as a “qualified state tuition program” pursuant to § 529 of the Internal Revenue Code, 26 U.S.C. § 529. The provisions of this chapter shall be construed wherever possible to effectuate this intent.
History of Section.P.L. 1997, ch. 81, § 2; P.L. 1997, ch. 91, § 2.
Structure Rhode Island General Laws
Section 16-57-1. - Short title.
Section 16-57-3. - Definitions.
Section 16-57-6.1. - Tuition savings program.
Section 16-57-6.2. - Ownership of assets — Transfer of ownership rights.
Section 16-57-6.3. - Tax-exempt earnings.
Section 16-57-6.4. - Repealed.
Section 16-57-6.5. - Annual audited financial report to the governor and general assembly.
Section 16-57-6.6. - Repealed.
Section 16-57-6.7. - Construction.
Section 16-57-7. - Council on postsecondary education.
Section 16-57-8. - Designated agency.
Section 16-57-9. - Loans to minors — Loan obligations.
Section 16-57-10. - Reserve funds.
Section 16-57-12. - Credit of state.
Section 16-57-16. - Inconsistent provisions.