Title 56, PUBLIC ASSISTANCE AND WELFARE
26 chapters · 251 sections in this title.
Idaho Code § 56-1101 Definitions
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56-1101. Definitions. As used in this chapter, unless the context requires otherwise: (1) "Account holder" means a member of a low-income household who is the named depositor of an individual development account. (2) "Board" means the individual development account advisory board…
Idaho Code § 56-1102 Legislative findings
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56-1102. Legislative findings. The legislature finds that: (1) The problem of poverty will not be solved solely by government programs and income subsidies. (2) It is in the best interest of all Idahoans to structure incentives in a way that will result in a greater likelihood th…
Idaho Code § 56-1103 Persons qualifying as account holders
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56-1103. Persons qualifying as account holders. (1) A person who qualifies to become an account holder may enter into an agreement with a fiduciary organization for the establishment of an individual development account. (2) A person is qualified to become an account holder if th…
Idaho Code § 56-1104 Approved purpose of account — Emergency withdrawal — Removal of account holder from program
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56-1104. Approved purpose of account — Emergency withdrawal — Removal of account holder from program. (1) A person may establish an individual development account only for a purpose approved by a fiduciary organization. Disbursements from an account for an approved purpose shall …
Idaho Code § 56-1105 Required account features — Matching moneys
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56-1105. Required account features — Matching moneys. (1) The fiduciary organization shall structure the accounts to have the following features: (a) The fiduciary organization matches amounts deposited by the account holder according to a formula established by the fiduciary org…
Idaho Code § 56-1106 Individual development account advisory board — Powers and duties
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56-1106. Individual development account advisory board — Powers and duties. There is hereby created the individual development account advisory board. The board shall consist of the administrator of the division of financial management or his designee who shall serve as chair, th…
Idaho Code § 56-1107 Fiduciary organizations — Authority and duties
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56-1107. Fiduciary organizations — Authority and duties. (1) Subject to rules of the individual development account advisory board, a fiduciary organization has sole authority over, and responsibility for, the administration of individual development accounts. The responsibility …
Idaho Code § 56-1108 Public assistance — Eligibility determination
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56-1108. Public assistance — Eligibility determination. Moneys in an individual development account established pursuant to the provisions of this chapter, or moneys withdrawn from an individual development account on behalf of an account holder for an approved purpose, shall not…