1,133 chapters · 28,363 sections in this title.
Minn. Stat. § 256Q.01 PLAN ESTABLISHED.
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256Q.01 PLAN ESTABLISHED. A savings plan known as the Minnesota ABLE plan is established. In establishing this plan, the legislature seeks to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities to maint…
Minn. Stat. § 256Q.02 CITATION.
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256Q.02 CITATION. This chapter may be cited as the "Minnesota Achieving a Better Life Experience Act" or "Minnesota ABLE Act." History: 2015 c 71 art 7 s 45
Minn. Stat. § 256Q.03 DEFINITIONS.
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256Q.03 DEFINITIONS. § Subdivision 1.Scope. For the purposes of this chapter, the terms defined in this section have the meanings given them. § Subd. 2.ABLE account. "ABLE account" has the meaning given in section 529A(e)(6) of the Internal Revenue Code. § Subd. 3.ABLE plan or pl…
Minn. Stat. § 256Q.04 ABLE PLAN REQUIREMENTS.
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256Q.04 ABLE PLAN REQUIREMENTS. § Subdivision 1.State residency requirement. The designated beneficiary of an ABLE account must be a resident of Minnesota, or the resident of a state that has entered into a contract with Minnesota to provide its residents access to the Minnesota …