§ 42-7.2-20.4. Contributions to be held in trust.
(a) Funds contributed to the program shall be held in trust in a special account or accounts and shall not be co-mingled with any state funds appropriated by the general assembly for the support of or the programs administered by the executive office.
(b) There shall be separate accounting for each designated beneficiary.
(c) Any designated beneficiary under such program may, directly or indirectly, direct the investment of any contributions to the program (or earnings thereon) no more than the allowable limit of 26 U.S.C. § 529A.
History of Section.P.L. 2015, ch. 158, § 1; P.L. 2015, ch. 187, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-7.2 - Office of Health and Human Services
Section 42-7.2-1. - Statement of intent.
Section 42-7.2-2. - Executive office of health and human services.
Section 42-7.2-3. - Secretary of health and human services — Appointment.
Section 42-7.2-4. - Responsibilities of the secretary.
Section 42-7.2-5. - Duties of the secretary.
Section 42-7.2-6. - Departments assigned to the executive office — Powers and duties.
Section 42-7.2-6.1. - Transfer of powers and functions.
Section 42-7.2-7. - Independent advisory council — Purposes.
Section 42-7.2-8. - Assignment and reassignment of advisory bodies.
Section 42-7.2-9. - Appointment of employees.
Section 42-7.2-10. - Appropriations and disbursements.
Section 42-7.2-11. - Rules and regulations.
Section 42-7.2-12. - Repealed.
Section 42-7.2-12.1. - Repealed.
Section 42-7.2-13. - Severability.
Section 42-7.2-14. - Cooperation of other state executive branch agencies.
Section 42-7.2-15. - Applicability.
Section 42-7.2-16. - Medicaid System Reform 2008.
Section 42-7.2-16.1. - Reinventing Medicaid Act of 2015.
Section 42-7.2-17. - Statutory reference to the office of health and human services.
Section 42-7.2-18. - Program integrity division.
Section 42-7.2-18.1. - Professional responsibility — Criminal records check for high-risk providers.
Section 42-7.2-18.3. - Professional responsibility — Criminal records check for personal care aides.
Section 42-7.2-19. - HIV Care Grant rebate account.
Section 42-7.2-20.1. - ABLE accounts.
Section 42-7.2-20.2. - Definitions.
Section 42-7.2-20.3. - Creation of program.
Section 42-7.2-20.4. - Contributions to be held in trust.
Section 42-7.2-20.5. - Rules and regulations.
Section 42-7.2-20.6. - Tax-exempt earnings.
Section 42-7.2-20.7. - State and local means-tested programs.